TON 18.2% 0.9¢ triton minerals ltd

Ann: Assays Return Highest Ever Grades at Ancuabe, page-30

  1. 3,060 Posts.
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    hi all, its been a while since last posting here, but bits of slow reading for me for quite some time now.

    for some of you, do keep in mind the reason why "some" wont want this to go up.
    quite simply it is so they can continue to buy lower as it also was a supply test upon the news.
    a slight sell off on the day was not as bad as previous Triton pumped announcements so small bonus there.
    as too the fact, public holiday the day after & now a slow friday with plenty of hangovers no doubt.

    what is going to happen or what else is coming up?
    we are starting to see more news flow with with the level & quality bar being risen for the product.
    as too a resource upgrade due within Q1, which also will be good for Triton v2, as this can also kick off submitting samples to vendors who seek to match their requirement with the Ancuabe product.

    upon impressing some vendors with the quality of product once further metallurgy has been completed, then a small offtake from "some vendor" will eventually appear and commit to such offtake which IMO will then only be a matter of time.

    without debating any previous offtakes or previous resource size, there will be a new Ancuabe resource upgrade.
    due to having quite a rough ride over the past while, I have intentionally kept quite to give this "well paid" management the ability to prove themselves, and like any resource company, these things always take time, but again we see Triton at least on track, slowly and surely.

    where the share price will be in 6 months time might be anyones guess, but with expected results, expected upgrades and new management out to push forward, I can only see Triton eventually retesting 9.7c with a very possible chance on obtaining a 10c support again, however for all the technical gap followers, on the previous decline it left a gap at 18c yet whether that gets filled will depend on performance of management and whatever choices in what order have been or can be achieved.

    with all the dilution that has happened to shareholders, I honestly do not believe we will see any previous highs or upper trading levels whatsoever again IMO, unless some type of synchronicity of magic with a combination of G markets, global & resource markets (specs) and off-takes with Ancuabe delivering priority quality product commanding a premium price might be a good mix to be open to wishful thinking, but then time again will tell.

    I am simply just happy that the we came out of VA so anything and everything from that day on is IMO only upward, and now especially back at these levels again.

    good to see you all again and lets all keep it real and in perspective for the benefit of all readers out there.

    cheers!
 
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