Ann: LOI for Project Funding and Off-Take for Nicanda Hill, page-299

Mate I was here holding when they did the capital raise too.... there was no way they could have raised more than 1million dollars... TON had retraced from 90c to 14c in a matter of months! Confidence was at rock bottom- hell you must have forgotten their deal with the devil credit facility... I dont hold mns or syr I just don't believe TON is going anywhere- ever for that matter... Everything about TON feels dodgy from the 2 billion offtake to this announcement today and the market from the way it has reacted suggests agreement with me. Trade the hell out of if for sure, the only thing TON has going for it is its volatility for a trade- I wouldn't be relying on this to get to mining by any means... It is just a very efficient way for money to change hands from the stupid and inexperienced to the not stupid and experienced. DYOR
Kym