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9.09%

1.0¢ triton minerals ltd

I can't afford the Cap raise, 80% of my equity has disappeared...

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matsax

300 Posts.

2

22/12/15

12:32

Post #: 16666438
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Originally posted by lukeyj90 ↑

I thought the same thing. The Loi is to devlelop nicanda yet the DD includes ancuabe??

Something doesnt add up there and if I was to guess that theyd be wanting to give us a ridiculously low takeover offer if ancuabe turns up in our favor.

So much suppost to be going on...yxgc, amg, sqzg (low chance) and defined resource.

Looking back, I bought in initially when it spiked to high 30s, low 40s. THAT WAS BACK WHEN WE DIDNT HAVE SQUAT. NO JORC, NO VANADIUM, NO ANCUABE HOT SPOTS, NO OFFTAKES OR STRATEGIC ALIANCES, AND A LONG WAY OFF FUNDING.

Based on the above, we could be 3 to 6 months away from funding. Come on people get amongst the capital raise. Ill certainly be taking it up and hope that I never see ton in single digits again!!

Someone enlighten me. A 150k to 200k tonne per annum graphite operation is worthy of what sort of market cap? After dillution and funding surely one would think $500 mill

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I can't afford the Cap raise, 80% of my equity has disappeared down that ski slope of a chart. The extension was apparently to include Ancuabe drill results, this doesn't even mention Ancuabe.

Something is not right.

TON Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $15.68M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$25	2.454K

Buyers (Bids)

No.	Vol.	Price($)
3	123041	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	495024	1

View Market Depth

No.	Vol.	Price($)
2	92565	0.010
7	1102111	0.009
5	10485363	0.008
4	795619	0.007
5	1216475	0.006

Price($)	Vol.	No.
0.011	495024	1
0.012	1113311	7
0.013	700000	3
0.014	299399	1
0.015	482500	3

Last trade - 15.59pm 18/10/2024 (20 minute delay)

TON (ASX) Chart