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Answer for the clue "Lose opportunity, as badly aimed torpedo may? ", 13 letters:
miss the boat

Word definitions for miss the boat in dictionaries

Wiktionary Word definitions in Wiktionary
vb. (context idiomatic English) To fail to take advantage of an opportunity; to overlook or be too late to pursue an option or course of action.

Usage examples of miss the boat.

If Alexandrov isn't careful, he'll miss the boat entirely, get moved out himself, and Narmonov will have his seat nice and safe for years.

Lord, how we skipped along, so pitifully anxious not to miss the boat.

Mr Boyle, tell the Doctor if he is not here in five seconds he will miss the boat.