TON 0.00% 1.1¢ triton minerals ltd

If, page-7

  1. 3,528 Posts.
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    They could sell Nicanda hill to pay for a plant

    This is not what most long term holders would want, I expect.
    The work done at NH towards a DFS was almost complete. There is also the large flake available at Nicanda West section that would make it attractive for a graphite group wanting a variety of grades.
    The Nicanda Hill asset could conceivably be worth a lot more, when grid power becomes available in around 4 years time. IMO.
    But if some major group wants to come up with a very enticing offer, the management should consider it.

    As for the coming episodes of "graphite road truckers" SYR has awarded a logistic contract from their mine to the porto de Nacala - a distance of 490km of predominantly sealed road.
    The Port of Nacala is a major port in Mozambique and the deepest port in southern Africa.

    The distance of 190 km on a better maintained road from Nicanda Hill to the Ancuabe mine would be a walk in the park in comparison.

    https://www.google.com/maps/dir/Balama, Cabo Delgado Province, Mozambique/Ancuabe, Cabo Delgado Province, Mozambique/@-13.2241543,38.6653729,9z/data=!3m1!4b1!4m13!4m12!1m5!1m1!1s0x18c218d1fe99ea9f:0x68daaa013e0d79e6!2m2!1d38.5637919!2d-13.3497279!1m5!1m1!1s0x18c0057b0b198b37:0x6bbc7a25fcadc505!2m2!1d39.8540539!2d-12.9779972?hl=en

    Just between the townships of Balama and Ancuabe.

    Just been looking into the Pemba - Nacala port issue.
    When TON under BB issued a scoping study for NH (which went straight through to the keeper!) it was mentioned that the port of Pemba was to be upgraded.
    The potential for flow-on infrastructure upgrades at the Port of Pemba that may affect Triton’s requirements will be investigated. Triton is also investigating the potential for using the Port of Nacala as an additional viable option for an export port.

    At least one year delay in Pemba logistical base – AIM
    http://clubofmozambique.com/news/at-least-one-year-delay-in-pemba-logistical-base-aim/

    Positive outlook for the port of Pemba.
    https://macigindaba.com/2016/02/23/andre-da-silva-ceo-portos-de-cabo-delgado-pcd/

    AMG to restart their Ancuabe mine this month.
    https://mozambiqueminingpost.wordpr...aphite-to-restart-graphite-mining-this-month/

    Nyusi, quoted by Mozambican state news agency AIM, said that the district now has electricity from the national grid, which “is an incentive to reopen the graphite processing plant.”
    https://mozambiqueminingpost.wordpr...reactivate-ancuabe-graphite-processing-plant/

    Nothing at all to do with graphite or Triton - where do cashews come from?
    http://clubofmozambique.com/news/mozambique-best-cashew-harvest-in-30-years/
    Last edited by staz024: 13/05/17
 
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