Did some basic numbers and the upshot of it all is that a combined Triton operation of Ancuabe, Nicanda Hill and Cobra Plains would give an assigned value multiplier of around x2 or Tritons projects r worth twice Syrahs.
This is based on the TGC of each companies assets which r
Balama has 81Mt TGC @ 16%
Tritons combined projects give 169 Mt
Hence the factor of 2.
Syrahs Balama dfs put Balama at 1.1 B, so that would give a value of 2.2B to Tritons project.
It's very important to note that this does NOT include the vanadium numbers.
So with potentially around 1.6B shares on this gives
2.2B/1.6B = $1.35/share !!!
Again, this is without the vadium !!!
I'll try and source some vanadium numbers later but this illustrates the reasoning behind Tritons behavior over the last few years.
