Well, hopefully money well spent. We need to support our TON...

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JawDropper

7,302 Posts.

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11/08/18

20:35

Post #: 34878720
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Originally posted by Bloke485 ↑

13th March 2018

TON appointed 2 contractors to deal with your concern 5 Months ago. CSA Global & Argonaut Securities

> CSA Global appointed to advance the technical understanding and potential of the vanadium deposit

In addition to battery grade graphite, Nicanda Hill has significant vanadium resource potential. According to Metal Bulletin data, vanadium prices have risen more than 190% 3 since the beginning of 2017, reflecting the projected use of vanadium batteries in energy storage. Nicanda Hill is one of the largest vanadium deposits globally and held by companies listed on the ASX and provides Triton with a significant opportunity to realise value for shareholders. To better understand the vanadium potential at Nicanda Hill, Triton has appointed CSA Global to review available vanadium and multi-element chemistry in the drill data base, identify potential vanadium target areas (best grade zones) within the Nicanda Hill Indicated Mineral Resource and recommend a programme of work to improve confidence in the vanadium mineralisation model.
Triton has received interest from a number of parties with respect to the development of Nicanda Hill. Triton has appointed Argonaut Securities to lead the commercialisation process to accelerate the development of this valuable asset. In addition, a joint venture or partial sale of Nicanda Hill could provide upfront capital for the development of Ancuabe thus potentially reducing the reliance on external equity funding.

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Of course these guys are working hard and for a time now. I wonder the value of the invoices from these guys and how much work is being done?

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Well, hopefully money well spent. We need to support our TON team. Little point doing otherwise. Positivity breeds success. Let's all get behind TON.

TON Price at posting: 5.7¢ Sentiment: None Disclosure: Held
13 Upvote

3 Great analysis

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