Also for those who have watched Brad's webcasts over the weeks will have heard him say that some of the more imminent news will be about the Metallurgical testing and potential off take agreements.
Also TON to be pushing for JORC inferred and indicated mineral resource by year end, substantially closing the gap to SYR.
only 2 or 3 months ago Brad was saying the JORC inferred only was going to be March next year, they are obviously kicking goals to bring this forward to 2014.
Main reasons I've held so long.
some people bang on about there being other Graphite explorers coming onto the scene etc... Benefits to TON, Sheer size of the deposit, Quality of the deposit, Cost of production, Mozambique is a low cost labour country. Government and economic stability (Many African country's are not in this position), Access to a major port (SYR need to cross 2 rivers I believe to export to the port.)
These are just a few reasons TON is pushing towards JORC status and on to production.
In Brad Boyle's last webcast it was mentioned they want to bridge the gap to SYR, SYR were 12 months ahead, IMO I don't think they are that far ahead now.
