Australia's largest stock trading and investment forum Australia's #1 stock forum

TON

Click for more information

7.14%

1.3¢ triton minerals ltd

Hi BigDaniel, yes stamping feet doesn't usually work with the...

First 293 Last

Share
Profile

Follow
Names little

17,825 Posts.

1246

17/09/20

07:26

Post #: 47403875
Share

Originally posted by BigDaniel ↑

I'd calm the farm.

We only just signed the bulk earthworks contract, this doesn't exactly scream Jinan are not supporting financing however it does give a pretty good explanation as to why we haven't.

When you also look at Mozambique restrictions and take them into consideration?

Did Jinan say June? Has conditions on the ground in Mozambique and globally effected the timeline?

And management cannot just stamp their feet and demand financing either. It's a delicate process and with all the uncertainty around covid I wouldn't be placing undue pressure.

For me it's a simple matter of a steady pace wins the race, just keep shareholders in the loop is all I ask.

It's only mid September too so plenty of time to meet mobilisation target by September 30th, only a target.

Hope we get some good news today but I wouldn't be panicking any time soon either, cash position is pretty reasonably and there are no signs Jinan don't support the company equally.

Expand

Hi BigDaniel, yes stamping feet doesn't usually work with the big boys, but they hopefully could try looking elsewhere.

Anyway, it's all dragging on a bit so I haven't really been following too closely. Let's hope they find the key to the petty cash tin shortly.

TON Price at posting: 5.4¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 102 more messages in this thread...

First 293 Last

Add TON (ASX) to my watchlist

(20min delay)
Last 1.3¢		Change -0.001(7.14%)		Mkt cap ! $20.29M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$159	12.25K

Buyers (Bids)

No.	Vol.	Price($)
1	371593	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	237752	2

View Market Depth

No.	Vol.	Price($)
1	371593	0.013
3	599999	0.012
2	600000	0.011
6	1650000	0.010
3	236105	0.009

Price($)	Vol.	No.
0.014	237752	2
0.015	540000	1
0.016	102122	1
0.017	78909	2
0.018	100000	1

Last trade - 11.21am 03/05/2024 (20 minute delay)

TON (ASX) Chart