Ann: Triton Discovers More Graphitic Mineralisato, page-57

re: Ann: Triton Discovers More Graphitic Mine... Hi Jaded,

First of all, you are of course welcome to your opinions as are we all, however, I do think that the bulk of your recent post contain content that is unduly negative and not the result of any investigation, rather purely conjecture.

I am not sure just how much time you have spent walking in the African wilderness, I can say from many years of personal experience walking the bush in most Central and East African countries that it is very unusual to have a mineral licence area that does not have located on it at least one and generally 3 or 4 local villages.

The locals who live in these villages (on average 20 - 100 persons)are usually very happy with the prospect of and the benefits associated with any project/development planned near their village area, these villagers generally have no job, and live with no running water, no power, and very limited prospects for improvement of living conditions without a project like Grafex/Tritons materialising.

On some other small to medium sized projects which I have been involved with in Mozambique but at a stage far more advanced than that which Triton are at now, ie- actual mine/Mineral processing stage, and if required the government in consultation with TON and the local villagers formulate a plan that would relocate the local villagers to a portion of the licence that is not required for mining operations, in most of these cases no relocation or compensation payments are required, the locals in 99.99% of cases do not hold title to the land and are happy to know that they will in many cases have a job/training from the project, and be able to go home each day to running water, electricity and have access to basic medical treatment.

Part of the prospecting licence approvals process in Mozambique is to obtain specific approval from the provincial Agricultural and lands office, if the licence application area contained any "major settlement or farm " licence approval would not be granted or would be required to be amended to exclude any of these areas, Grafex has obtained this approval on all of it licence applications many months ago.

I was recently in Mozambique and did visit the main mines office in Maputo, there are two computers located in the mines office available for public use, on these computers you are able to check on all current licence and licence applications details, from my checks Grafex licence 5966 has obtained final approval and should IMO be issued at the outside within weeks, possibly much sooner.

Also, I do know the local lawyer who acts for Grafex, from what I was told Mr Jenks has absolutely no connection to Grafex.

I have spoken with Geologists who have been working on two licences in the same general area as the Grafex/TON Balama licences, I was told that In their opinion overburden should not be a factor (expect 1mt - 10mt, max), I can also say that access to the Grafex/Ton Balama licences in not an issue.

TON will be placing the drill rig for maximum result on what they consider to be the most promising prospect, certainly not just chucking it in at the easiest location, that would be ludicrous.

IMO, expect some early drill results to prove near surface mineralisation of minimum 50mt - 100mt.

I am no "Dudley do right" I have been biased to the positive side on this project from the very beginning based on information and facts that I have sourced or know from past experience in Mozambique.

Grafex/Ton licences are good the drill will prove this, no problem with local villages (all very normal stuff), from what I have seem IMO licence 5966 will be issued much sooner rather than later.

The above information I can offer with confidence, what I cannot fathom (not my area ) and have no answer for is just why TON SP cannot gain traction, can't believe that we are still in the 0.068c - 0.075c range.

IMO, the drill results will be good, i have been in for a long time now and will stay the course.

IMHO, TON shareholders should prepare themselves for more positive news, if this will have as positive effect on the SP as it should is anyone's guess.