TON 0.00% 0.9¢ triton minerals ltd

Triton’s Managing Director, Peter Canterbury said “We are...

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  1. 3,529 Posts.
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    Triton’s Managing Director, Peter Canterbury said
    “We are extremely pleased with the results of the Advanced Testwork. The confirmation that Ancuabe graphite is suitable for both expandable graphite and new growth applications such as lithium-ion batteries confirms the high product quality and value of Ancuabe graphite.
    We are confident that this will facilitate strong customer acceptance of Ancuabe graphite.
    Discussions with potential off-take partners have commenced including potential customers in China and parties introduced by Shandong Tianye, Triton’s largest shareholder. We are currently preparing samples of Ancuabe graphite to send to these parties for customer testwork. The Advanced Testwork results provide important, independent verification of Ancuabe graphite.


    Were some of the potential customers and parties introduced by Shandong Tianye, behind some of the big trades last week?

    Hopefully we will get some indication of the progress of customer testwork. Behind the scenes TON will be making sure that we tweak our process flowsheet (page 8 of the SS) to give potential customers, what they want.

    Page 1 of the announcement is outstanding, especially the purity they can achieve.

    I just don't think the market is fully aware of the fundamentals here, especially w.r.t. the price premium for what TON has on offer here.
    It just seems that selling into announcements is the first reaction these days at the spec end. Investors in spec stocks just seem to be waiting for the dust to settle and chat room discussion to die down, before they cautiously stick their head above ground a couple of weeks later. IMHO.
 
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