TC,
of course Ton will always attract speculation, but believe it or not week or month after month things are moving in our favour, and yes I hear you about the ignore list, mine has grown much large in size since allowing it to function as it should.
though I dont quite follow why you are asking me to: re read some earlier announcement
I also dont understand your view that if you think 19.9% is a good or bad thing or you are telling me that you believe it is going to happen, as I dont believe that to be so!
with regards to 19.x% equity and dilution, well obviously you know that I do not support this.
as I am sure does anybody support dilution which imo, is still un-necessary.
yet here we are now with a placement, dilution? sure, but if it is only 2 million dollars then unlike the last 1 million dollars I am not too fussed, we only need to make it to end of june and maybe not even that.
another important point is that such 100M equity is not conditional & neither is the 100M debt.
I spoke with bb just the other night about this and Equity or Debt vs PreSale.
he said the chinese could not really get their head around PrSsale of graphite.
I believe he is going to try again with wording matters a little bit different, so I appreciate all his hard efforts that he makes and does take to get all possibilities available.
also the equity and debt funding that we have available was not asked for, as it was offered.
to me, that is a good omen to see, and very likely we will see many more options yet nobody knows when.
also exists a move to try to expedite the 100M debt prior to Shenzhen completing their DD.
yet again, who knows when, but possible? well maybe, I suggest we all be open to this.
I am pleased to hear that he at least will run it past partners again, as in truth it is in their interest also as ours to keep pace and make things happen, and we dont even need the full amount right now, we only need enough to kick off some rigs and ground work being put into immediate action for the benefit of everyone.
the sooner we can move Ancuabe along the better we could be able to start off with a small initial JORC for Ancuabe to not only find out what spectacular grades & product is there, but to also know what mix and match capabilities we have and can offer to and from NH, as too further customised specifications for other potential offtake customers, because lets face it, if people dont know what we have or can offer, then how can they ever consider.
anyhow, I think some of us are crossing wires from time to time, both holders and non holders.
yet the non holders have or were taking a back seat for a while it seems, good for them as everybody needs a break.
TON Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
(20min delay)