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Ann: Change of Director's Interest Notice, page-51

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BigDaniel

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21/08/18

19:28

Post #: 35074508
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Originally posted by gimmegimme ↑

I just called the TON office and PC answered the phone. These are the salient points of what he said :

1) he is not happy with the share price but is otherwise happy with the progress the company is making

2) financing discussions are underway and are projected to be completed by 4th quarter 2018 - but it could be sooner

3) obtaining finance in the 4th quarter will not delay the commissioning of Ancuabe by end-2019

4) next director's meeting is in early September

5) there is no "two week" blackout that applies to Max's purchase of shares last week. It's a fiction. There is only a requirement that he not trade in shares while in possession of price sensitive information that has not been released to the market .

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Did he mention he is working on anything for release in the near term?

He mentioned to my colleague financing Sept-Oct hopefully & something else he is working on to be released to market very shortly, this was 2 weeks ago tomorrow.

Cheers.

TON Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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