Spoke to Andrew Frazer today about how things are progressing and what he sees the year holding for Triton. He is encouraged by the support from our major shareholder and new chairman and is looking forward to the revised DFS to be completed on Ancuabe which is on track for Q1 23.
On the previous Ancuabe DFS 60,000tpa graphite concentrate, unleveraged pre tax NPV of US$298m, pre tax internal rate of return of 36.8%, payback 3.8years. this is a fantastic project as it stands, looking forward to the new figures.
He also mentioned that he is off to Mozambique shortly but would not disclose the purpose of his trip.
Good luck to all holders and a Happy New Year DYOR not investment advice.
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