All in my opinion of course but I think it could be any number of announcements.
Examples:
-A signed off take agreement
-Announcement of a major cornerstone investor
-Assay grades or more specifically a series of long high grade intercepts that exceed what has been announced thus far
-A completed JORC
-An independent research report that spells out clearly what TON is sitting on.
60c is still only $160 mill market cap. Not a great deal for a company at this stage of development.
Any one of the above announcements could trigger a run back up there in my thinking.
Ton Tuesday, page-31
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1.0¢ |
Change
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Mkt cap ! $14.11M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.974K | 197.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2641773 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 216443 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| TON (ASX) Chart |