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Last Call before Finance is announced...Go Ton, page-360

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JawDropper

7,302 Posts.

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06/02/21

22:11

Post #: 50767640
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Originally posted by guruone ↑

Between the lines..

"
I don't think some are actually fully digesting the consequences of covid on businesses and the flow of capital.

If anyone here is involved in big business, just ask yourself what ramifications covid had for your business?

I know mine put an emergency stop to all capex and also undertook a complete restructure.
That would be fine if we actually had a business.. stretch of the bow mate! In fact many big businesses in Australia have returned the money they got from Gov with JobKeeper! Maybe not in the VIC public service but others!

So why would we assume that Jinan are doing anything sinister? They did undertake a restructure, we know this. Why would they sign financing during a pandemic is a better question we probably didn't want to acknowledge all year.
Pandemic blah! They have had plenty of time to sign before the pandemic! Or did they know about the pandemic before the rest of the world!

Perhaps we will be taken for mugs? I don't know what tomorrow holds.

But I do know the goals have all been crossed off in excellent time for a mining stock since VA which is all we can use as a fair gauge for performance...Talking millions in wages is childish, of coarse over 5 years there will be millions, try getting a decent CEO for something as complicated as Triton for less than $300-400k.

You are assuming that we got a decent CEO! AND no, it's absurd to agree that $300-400K is reasonable! The PM is on less!

Management cost us $230,000.00 per month, and for nothing. I think that's called sucking us dry!!

The arguments don't add up...It's like the pandemic or government hold ups has not even entered their assessment.

The market or reality doesn't give a hoot about 10 years of pain or how long we have been holding.

Blah! The market think we are a joke.. we started to get some cred after VA but IMO its been flushed by the stupidity of current and recently previous management..

What mining stock graph ever shows it opening from prospectors to production in 2 years? Doesn't happen, it's always a long slog.

What are you talking about!! Sure, but we don't even have a management team! We are a ship drifting in a sea!

The announcement shows there is intent with Jigao passing it up the chain to Jinan.

The options show intent.

The fact we have $2m in cash and another $2.9m in a holding account with INAMI means we are okay.

Not at the current / previous spend!

And if we decide to raise capital it could pull the feet from under Jinan.

AND then we can find a partner that is not trying to bend us over!

Get a grip, instead of thinking the best or the worst let's all take a step back.

Get a grip! That's just stupidly funny!

These forum traders are laughing at all of us investors, they are trying to put the cat amongst the pigeons and some are gobbling their BS stories that actually have no logic right up.

Everyone is laughing at us!

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Good post guru..... questions need to be asked and answered.

TON Price at posting: 5.8¢ Sentiment: None Disclosure: Held
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Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $15.68M

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Last Call before Finance is announced...Go Ton, page-360

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Last Call before Finance is announced...Go Ton, page-360

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