Ann: Triton Minerals Corporate Presentation, page-20

First 20 Last

Share
Profile

Follow
Bigglesworth

3,202 Posts.

514

29/10/15

19:09

Post #: 16286106
Share

Originally posted by Bobsa ↑

A mining license isn't conditional on a Jorc. Not saying TON won't be doing JORC of course they will however they aren't looking for a huge one as it isn't required.

Using the Ancuabe ML confuses me though, as is almost seems like Brad believes it isn't required. That could make sense in some respects as the environmently concerns would come from the water after flotation IMO. Still strange.

Unfortunately I was at the seminar in Melbourne but needed to take off prior to getting the opportunity to ask. Worst of all, free drinks put on after the day which I also missed out on, but the food was good.

Brad was really stressing the desire to get early cash flow and use this cash flow to fund NH development. He believes that this can be done with $15M capex. He wants to limit debt and limit further dillution where possible.

Apparently the big reason for the delayed NH development is a lack of power. Scaling right up before on grid, 2018 from memory, would add significant capex and costs for opex.

The general thesis was there are three major impact on profits and therefore support for this direction, power c. 30% and difference is 30c kwh vs 9c), flake distribution and logistics. Ancuabe wins hands down and would allow cash flow for larger NH capex and lomgterm supply.

Overall Brad was by far the best speaker. Definitely some digs at Syr, by all involved, which was quite interesting. Jens (Syr tech) was quite interesting however the accent made it difficult. Kibaran German graphite specialist was also good.

Not too much more goss really, resource for NH out tomorrow and will be good in scale/grade and confidence.

Expand

Thanks Bobsa.

The only thing I found concerning in the presentation was the lack of electricity infrastructure and time periods involved with developing same. Maybe I missed it, but I can't remember seeing anything about this issue in previous presos, releases to the market or the analyst reports. Clearly quite a deal of work to be done in that department.

The rest of the preso looked v.good.

DYOR

Biggles

TON Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

CKA

Deal with Petrosea opens the door for Cokal's ramp-up plans in Indonesia

Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday

A Super PITch is key in the competition for capital

MND

Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated

KAI

Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales

There are more pages in this discussion • 90 more messages in this thread...

First 20 Last

Add TON (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $17.25M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$736	73.43K

Buyers (Bids)

No.	Vol.	Price($)
4	622740	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	186175	2

View Market Depth

No.	Vol.	Price($)
4	622740	0.010
5	714484	0.009
5	1590029	0.008
5	1582850	0.007
1	250000	0.006

Price($)	Vol.	No.
0.011	186175	2
0.012	247912	2
0.014	83332	1
0.018	166666	1
0.020	1964196	2

Last trade - 15.44pm 01/08/2024 (20 minute delay)

TON (ASX) Chart

Ann: Triton Minerals Corporate Presentation, page-20

Deal with Petrosea opens the door for Cokal's ramp-up plans in Indonesia

Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday

A Super PITch is key in the competition for capital

Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated

Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Triton Minerals Corporate Presentation, page-20

Top Stories

Deal with Petrosea opens the door for Cokal's ramp-up plans in Indonesia

Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday

A Super PITch is key in the competition for capital

Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated

Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News