Looking forwards and backwards, Triton is in a very unique position.
4 major deals come to mind in the graphite space in the last month
- SVM $40.4 million investment from Rio
- EGR POSCO agreement
- EV1 / BTR $4.9 million at .22 c
- SYR Samsung
Our chinese 30% shareholder made their move earlier by $5million cash injection, with Chairman Rod Zhang now on the payroll. Commented Nov 22 "Yulong is very bullish on graphites long term prospects as the world looks to a decarbonised future"
Fin review Aug 15 2023 Syrah Resources article clearly identifying that there is a supply glut looming at the end of the year as chinese inventories shrink.
With the mining concession being granted for Cobra Plains (announcement pending) I can't help but think the chinese have positioned themselves to make a larger move.
I also ask myself when would that move happen? From a cost perspective going earlier would be the obvious move. I would hate think what the price would do if MITSUI or Tesla knocked on the door for an off take out of Ancuabe. I believe the revised DFS plant numbers had 70,000 tonnes of which we only have locked up 10,000 with xingcheng.
As I mentioned earlier, a very unique position to be in especially with a Mining concession on Cobra Plains. Imagine if the Big Hill comes back. If they got one.................
not investment advice DYOR Etc.......
- Forums
- ASX - By Stock
- TON
- Ann: Trading Halt
Ann: Trading Halt, page-22
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TON (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $365 | 33.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 816079 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 290913 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 816079 | 0.011 |
8 | 1026365 | 0.010 |
3 | 511204 | 0.009 |
3 | 212500 | 0.008 |
2 | 302850 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 290913 | 5 |
0.013 | 500000 | 2 |
0.014 | 238901 | 3 |
0.015 | 156818 | 3 |
0.016 | 399875 | 2 |
Last trade - 11.54am 10/06/2024 (20 minute delay) ? |
Featured News
TON (ASX) Chart |