TON 16.7% 1.0¢ triton minerals ltd

Ann: Commercial Manufacture of TMG Enhanced Graphite Products, page-97

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  1. 17,938 Posts.
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    Hi Jaded, yes my standards are once again slipping to their level, I wonder why? Must try harder.

    On the DFS funding, from the placement announcement
    "
    • Tritoncompletesanoversubscribedsingletranche$12.0million placement to a Hong Kong cornerstone investor, institutional groups and sophisticated investors.

    •  Funding will enable Triton to rapid progress the Definitive Feasibility Study at Nicanda Hill and commence its pre- development early works program.

    •  Funding will also allow Triton to undertake an initial drilling program at the Ancuabe project. "

      So am assuming it's mostly cash payment, not share issue but will be interesting to see Qtrly cash flow.
 
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