Analysis Triton is now set to become the sole owner of what looks to be a direct extension of Syrah Resources (ASX:SYR) giant Balama graphite deposit, the largest in the world.
Being able to swiftly raise $8.5 million in a single tranche is testament to the company's ability to advance its tier one graphite asset, and a testament to the anticipated size and quality of the deposit.
Ongoing aggressive drilling will provide further near-term newsflow.
TON Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
