I agree wait for the 40 mio new shares over hang at 5c to clear...

I agree wait for the 40 mio new shares over hang at 5c to clear intermediate term, sophiticated Instos can eye an immediate 20 pct gain on the first 10 mio shares.

Its alot of shares to wash thru for TON and I expect any pump will be
meet with selling pressure by them SPP holder wishing to take
advantage of their arbitrage allotment.

TON will need further funds again around April/May time, you can
see the delay in getting simple assay results from South Africa
from the infamous neighbour to gauge that the next raising timing
may not fall within assay results releases to help the SP, and that
is detrimental to actual drill results being positive and made of
high purity graphite powder to rocket the space ship into another
galaxy without collision.

Whoever mentioned this current bad handling of the Company's cash
management is right, it will show up again next time again unless the
leopard changes its spots.