TON 18.2% 0.9¢ triton minerals ltd

LOI extension - pros and cons, page-17

  1. 1,774 Posts.
    I'm actually getting pretty over people that keep brining Lamboo into the conversation on TON threads.

    I was there at sub 20 cents and sold at 70 after it peaked at $1 and was the first serious poster who warned people at what was going on at that company. Take a look through the threads going back 1-2 years, most the people discussing LMB here were nowhere to be seen then.

    So trust me when I say what went wrong there had nothing to do with China or Hengda but was just a result of Lamboo getting what they deserved, they have nothing compared to what Triton have and what was worst they tried to cover it up and package it off to someone else, well they got more than they bargained for 'cause the Chinese were looking to screw them even more.

    Please don't compare the two.

    You're much better off comparing Triton to the last company which Alan Jenks was a major holder off and sold off to the Chinese for $8 bucks after buying in in the cents. It was bright and clear for all to see in the announcement today, when the Chinese government calls a Chinese organisation to reconsider their approach in their dealings with a western partner due the 'strategic importance' of the deal you know they mean business, and yes you can say these things have been bounced around before in mining circles and not much eventuated but how many times has a CEO quoted that as a direct statement from the Chinese party? - not often. You will read about it in papers from speculative journalists and the like, but not so much from the horses mouth.

    If China wants to buy Triton they will buy it, Graphite now seems just as important to China as is Uranium and Iron Ore, and for them to pay a billion dollars for a company is far from unusual. $100 million will not even come close to it, if we manage to get the plants built with all regulatory approvals, Brad, Alan and co. will only be selling at multiples of future revenue projections 3-4 times annual revenue estimates as a minimum for a guide.

    If you sold today to never return, you will one day have a very tough pill to swallow!

    I'm super excited at the Chinese intensifying their interest and Brad being at the helm using his judgement in monitoring them with Alan Jenks's experience guiding him.
    Last edited by trythree: 02/06/15
 
watchlist Created with Sketch. Add TON (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
-0.002(18.2%)
Mkt cap ! $14.11M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $259 26.13K

Buyers (Bids)

No. Vol. Price($)
4 1280209 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 122784 2
View Market Depth
Last trade - 15.57pm 12/07/2024 (20 minute delay) ?
TON (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.