UK Presentation Notes 7th November
I'll start by saying my notes,recordings and post here, do not represent Triton Minerals the company. Take it all as my own interpretation and words, all of which in my own opinion. Do not take my writing and points of view here as investment advice.
There were 50+ people in the room during Brad's presentation. Existing shareholders, non shareholders, brokers and PI's.
Brad Boyle and Alan Jenks Triton Directors were both present.
Notes from Brad's Presentation and talk;
GK and their geo’s needed to Confirm what we’ve got in the ground at Ancuabe
Tuesday just gone, very long full day meeting on site with GK team in Mozambique 9:30-5pm with field visits.
As the day progressed talks became more encouraging
Market update soon on new additional data from T12 (ivanka) Ancuabe
New data now showing 70-100 m true thickness High Grade Mineralisation at/from surface Ancuabe impressed those on the Moz trip.
To date Ton has only drilled 10% ivanka, a very conservative estimate would be 5-10 mt of High Grade contained graphite.
Give it a few more weeks on GK to potentially progress the Alliance to the next step/advancement
GK current reserves only 60-90k tonnes at Ancuabe
At the moment GK don't want to spend money on the deposit south near Chiure no infrastructure there.
Now Working hard on GK to advance something in writing near term.
Initial 20kt output Ancuabe
Talking to Deutche bank currently and a Roadshow with them is scheduled this month
Deutche Bank recently funded GK $10m for Ancuabe
China factory ready to go build
Nicanda likely to be initially focused on P66 with two pits
Customs backlog samples have delayed some assays
400 drill holes all hit graphite in Mozambique 50/50 Balama / Ancuabe
At Mapapulu just past Nicanda the sealed road stops currently
Power not there Syrah likely to be effected on early extraction costs of such high proposed volume because of required diesel generation.
Staged approach logical & only way forward for Ton a real genuine approach
New Pemba port expansion inline with staged production
Vertical integration separates ton from every other graphite company
Hoping to create revenue in 2016 which would contribute to further development capex
Near term Revenue stream = easier full project funding
Only 20 year binding deal in graphite space
Lot of graphite in China which is running considerably under capacity but quality is all over place making end products not uniform and undesired in some circumstances
Consistency of quality supply is required by large groups in dialect with Triton
$5 mill China plant capex
$10 mill Ancuabe capex in conjunction with GK should they agree to his FINAL terms
Scalability and staged production in Moz & China
Start small and grow organically with demand
Minimise capex big focus
Put in to make near term dividends irrelevant of sp
Looking at anodes, need to meet spec and they will lifecycle and test for years?
3-4 years ahead full realistic lead time on a substantial presence in batteries raw material?
Yichang sell products today not just in the future it's a very much current demand and opportunity
$2000-$2500 dollar ton Ancuabe product
2021 grid power to Nicanda then full output from there according to demand
Seen misinformation about our resource in hongkong London Australia
Triton Development aligned with regional infrastructure upgrades and governmental value adding
Current returns a focus
Ancuabe one of the purest form of graphite in the world and renowned within the Industry
Battery grade flake a potential focus of sale
If Ton did List on LSE we will be unique
Brad would be behind a uk listing as long as institutional support is here. Alan Jenks has held strong opinion on the potential benefits of bringing the story to the London Markets for some time.
A tier 1 asset introduced to London would be an extremely compelling story
There are current offers/deals on the table of considerable institutional support in London hence Brad's meetings this week. The deals must be right and beneficial to the future of the company.
Dual listing will be considered by the board with insto fire power a necessity and being looked into
Korea & Japan potential EPCM?
£155k cost for a main board listing quote LSE
5-10 instalments underway for China JV, payment not required in full and staged payments will be approved on factory build progression
London meetings this week further funding discussions with a number of large institutions
P66 & Ancuabe resources by year end
Current exciting and active talks with Korean and Japanese groups for offtake and or JV/Veryical integration
Spherical integration a possibility but realistic lead times to commercial production of an accepted product are considered to be currently out of the staged development plans timescale but may feed in moving forward
Cheers![]()
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