Reconstruction, page-89

I do word twisting,ozp? Me? I thought I  did alternative Literature !!

Anyhow when I say Ton could come out "unscathed" I mean that the Company is not liquidated, is able to continue on a path to Production/Development of it's Graphite Mines [and vanadium too maybe in 2020's]
Thing is it'll be a Boutique Producer and not a Super Pit in the probabbly next Decade.
Ozpolar this shift to Boutique was Confirmed in the October GMP report where 50kts not 2/300kts was "figured" as 2017/2020 Production.
For months I've posted that a GK alliance in their Licensed Ancuabe Mine soon to reopen COULD, Most Probably require a Capex Contribution from TON. It is this "eventuality" that backs my posting about Large Dilution by a actual Cornerstone Investor and this probably bringing on a Share Register Consolidation.

Ton's current financial  VA will NOT require a Cornerstone because say $3/4 mil Placement at tops should handle it. I believe that the VA on second meeting will hand the company back to directors with their creditors "settled" in a Authorised Scheme of Payment [or not] I @Rat1973 to please further elaborate for the forum on a VA function including prioritising creditor repayment.

Sacking of BB - you haven't much understanding of Boardroom Dynamics or the Role of a Chairman, do you ? One doesn't just go in and Sack a Managing Director on a whim, one interviews alternative candidates for weeks before. Chairman in consultation with the Board sans MD's attendance. Rest of Board in Cone of Silence from MD.

Anyhow I refer you to my post yesterday re Where did the Rock come from ? as a POSSIBLE reason a new MD was sought. I must add that this Question has been being asked since April 1st around  the Market and on this Forum. I didn't just make it up or something.

Our Man Higgo Directed that another Independent Geology Accredited Authority review the Nicanda Hill drill results. ALL of THEM incl these Dang Missing 140 Holes, the whole Box and Dice that De Latta, Prime1, Cannaccord Brokers, etc etc have been banging on about for a flipping YEAR.
So Higgo is finally going to resolve this Issue to market, institutional, and  potential cornerstone satisfaction.
I think it is to identify actual potential Mine Sites of Sweet Spots on a par with Syrian "sushi zones".
nyhow this would have been required for the DFS so it's not "extra budget extravagance" by Higgo.

Ozp IF where did the rock come from ? proves Nicanda was Not the Source then Nicanda has no offtakes so that's why I referred to it as a dog. Nicanda though includes other sites off the hill, down on the plain P66 and Chalmers Flat that COULD be sweet spots suitable for Boutique Production.

Anyhow as I've said all week the First VA Creditors Meeting should enlighten.
@Rat1973 could Management under Admin still make statements to Market and Shareholders between the VA creditors meetings? oh and please rat you as a 35 cent placement taker were very supportive of the Boyle Sacking from day 1. You posted same. So please can you settle jack and ozzie and crew down on this issue and maybe some Top 20 "insight" ?


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