TON 0.00% 0.9¢ triton minerals ltd

Is Triton Minerals Ltd set to explode with its US$2 billion contract win?, page-72

  1. 1,659 Posts.
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    This is the next issue in this house of cards.

    If some of you are still holding do yourself a favour and have a read of the announcment with XYGC. It has already been delayed 6 months and I have no doubt it will fall over.

    Take a simple look at the signing ceremony, look at the miniature table, take a look at the factory, ageing machinery, and sub-standard work conditions.
    They can't even afford safety hats or uniforms!

    I personally deal with Furniture manufacturers in China with turnovers of around $200 million and their manufacturing facilities are state of the art. Brand new machinery, safety vests, helmets, clean state of the art facilities.

    If XYGC is going to purchase $100 million dollars of graphite over a 20 year period surely they have a turnover in excess of $2-3 Billion Dollars. Based on the photos I have seen and some local industry knowledge this needs to be seriously questioned.

    Anything you read on this thread with 120 thumbs up from the rampers has always been a red flag. The rah rah crowd do not want to focus on any such issues but talk about every event and news article within the graphite space as though it directly relates to TON.

    It is downright embarrassing and gives other graphite companies who are legitimate a bad name.

    This is unfortunately a lesson for those who blindly invested into the graphite space with limited research and an open approach.

    It is not a vendetta against TON but rather feedback from this punter who reads ASX announcements of all listed companies.

    TON has been a business in my eyes all about spin with little substance.

    Just look at their strategic focus it is all over the place.

    Matt
 
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