Forward conclusion- if the projection of this company is going to be 2 billion-plus, then we should start to see the Share price substantial to where it is currently in the not-so-distant future.
Plus where other Graphite companies are currently with SP on the ASX MARKET - TON may be a good long-term investment and with a license to mine for 30 Years dividends should be part of the equation.
Most of those on the Hotcopper Ton site, I should expect, think there may be an increase in the SP either this month or April, based on Financial confirmation out shortly if this happens.
I will estimate this should be back up to 6 cents on Finance news and updates on the production site - I don't want to raise my bar too high -
I would be happy with 6 cents and would make a nice little profit having brought in at 5 to 5.2 cents over the last week and today - I still have some buys in at the low 5 cents ranges .. (my fishing line is out.)
This stock is a challenge to read and track trends, compared with its peers in the Graphite space in the ASX market, but if management and their stakeholders can get their act together, and also communicate regularly to their shareholders and Brokers - this could and should be a multi-baggers for 2021/21 holders.
TON Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
