If Triton wanted to, I could see them surviving on current cash well into March if they defer the Grafex payment. I don't think they would and should, raise if needed at this current sp.
The projects graphite economics /scoping study will have gained considerable interest but seemingly not by Institutions to date on the ASX.
Defer the Grafex Payment and List in London where I believe Triton would excite the market as the worlds Largest Graphite / Vanadium Resource. imo In London Institutions/funds would give it the recognition it deserves and share price stability.
$100M and payback in 10 Months? Cashflow positive after 2 months? Solidify the demand/sales aspect and the next phase will progress.
Pauldola.
TON Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
