I followed your advice this morning gimmegimme and checked the cadastre. To my surprise I found that the area containing Cobra Plains graphite deposit has been updated overnight to show a mining concession pending approval for Kwe Kwe Graphite Limitada.
So who are Kwe Kwe Graphite Limitada I wondered. The answer was in the Triton Annual Report:
This may explain today’s action in the heads and the oppies.
As a long suffering TON holder let’s hope this is the start of something happening. Just wish management would say something .
The world needs graphite for the EV revolution and hopefully TON will soon regain what was the world’s fourth largest deposit at Cobra Plains Prospect when it was first announced to the market in 2014, see TON ASX announcement dated 26 February 2014 https://www.asx.com.au/asxpdf/20140226/pdf/42mzvfxpt84qtw.pdf
TON Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
