TON 9.09% 1.0¢ triton minerals ltd

Finance Date or Ann update?, page-334

  1. 3,871 Posts.
    lightbulb Created with Sketch. 3205
    The number one reason I'm staying put is Jinan.

    Forgetting everything else I can't see them returning to their shareholders to say 'Sorry but after spending $20m of your money and countless billable hours we decided to leave Ancuabe as a dust bowl with no return on our investment '.

    I can't see a way out for Jinan either...Can't get rid of 300,000,000+ shares without another cornerstone investor & at a considerable loss.

    The only other immediate obvious choice to buyout Triton is Xingchen Graphite, I think Jinan were strategically smart & got in before anyone else did.

    I think Shandong Tyiane were only holding it warm for Jinan, I think this has been part of a long term plan of Jinan well before Jinan were ever proposed for their 34% stake.

    Now we are in talks with Xingchen Graphite? Coincidence I think not.

    I still think Triton on behalf of Jinan will facilitate a big deal with Xingchen Graphite securing Xingchen a steady supply of expandable & Jinan concessionally priced building materials for their subsidiaries out the back end.

    Brad Boyle penned a piece of paper with the very same Xingchen Graphite for a billion dollar minimum offtake from Nicanda Hill..Couldn't meet the targets of the offtake and it was then worthless.

    I believe Peter & David are of a much higher calibre to BB no disrespect to him.

    I think Peter will secure a steady stream of big announcements in the near future & months that are deliverable.

    Keep in mind Xingchen are in talks with Triton & Jinan..They are HUGE & you can bet your sweet ass they want our assets starting with addressing the critical shortage of expandable flake & Jinan know this..This shortage is compounding and can't wait too much longer mate..Where else in the world is fully permitted with our expandable flake quality & volume ready to go?

    If Jinan walk away, which they can't..Where does the expandable then come from? Multiple crappy projects in non-business friendly Tanzania? Another hole in Madagascar?

    Within months I predict it's raining gold for Triton shareholders..Starting with financing and then Xingchen bombs start dropping because history loves repeating.
    Last edited by BigDaniel: 30/09/20
 
watchlist Created with Sketch. Add TON (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $15.68M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $60 5.866K

Buyers (Bids)

No. Vol. Price($)
4 495497 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 350520 1
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
TON (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.