Ann: Triton Corporate Presentation , page-10

Think a CR would need the Federal Mozambique Final Approval in place
yet that approval will trigger the $500,000 from Cannacord for completed due diligence
and so TON will have some breathing space to January.Maybe.

Reading a link to Sweden Embassy provided by earlyrise a while back I think Federal Approval includes drilling "rights".It's not another step to a Explorer License.

The Rainy Season ends April but presentation sets out a July earliest start for Drilling.
A CR will definitely have to happen prior to Drilling Commence and IF that $400k for further Aerial is required prior?
Well that'll have to be raised too.Off the cuff think about $2mil at least rewquired for say ^ months Operating.

So the Financial Immediate Time Line depends
1/ on Final Approval and Cannacord coughing up $500k

2/ The Admin/Director Fees Cash Burn per Qtr and

3/ when TON's listed company ASX fees are due

and 4/ what expenses out of their last advised $350k in Bank have been additional to the usual cash burn.

Think maybe Feb they'll only have say $200k in Bank at best.

yes sidefish it's very tight.
imho a lot hinges on Cannaccord and whether their 10 cent shares placement are going outside to arbitrage play or inside maybe to the AJ Connection?
Maybe TON has real Sophisticated Investors willing to ante up and Bleeding Well HOLD for a little while instead of doing d'Turnover play.
That'd be exciting.Haven't seen Carniverous Sophistos in a long while.


I'm hoping for a Clever Finance move but am expecting just ya garden variety Sophisticated Investor screw!

await developments/CONfirm ations.