its also not hard to see that mozambique has a very strong chinese business resource movement through it as like many places in africa, as clearly they have their fingers in every pie imaginable, so be it they hold 20% of the registry really wont matter, they clearly wish to service their various markets and if that means using a variety of grades, sources then they will, but that too should or very much likely include us.
imo,
triton will gradually re rate itself by the actions of the current management.
clearly we all want to see the price rise as its the nature of investing.
yet prior to obtaining a solid re rate we need to have the resource upgrade issued (first quarter), which in turn will start the path (if not already started) of obtaining some type of offtake and although it clearly wont be a super pit offtake.
and this imo, will start the ball is rolling towards production worthy offtake which as has been pointed out in such article listed here kindly by TJ, that start small and it can only get better and better with growth the right way, as it will be less stressful and problematic, create lower startup costs and be a very realistic in nature with its plans and grow accordingly.
for new comers its a short wait in the bigger picture of things, yet for many of us long term holders it has been all a somewhat both painful and hideous slow process, but now without all the infighting or diversions of carrots or whatever you have the solidification of registry and a more than realistic approach to all whatever targets and plans have been stated, plus more that we outsiders do not know of yet.
with regards to the scoping study, well the time it takes to do this can vary from writing it out on a piece of paper with a pencil done in a few hours to a week or to pen version to a very detailed planned & well presented document yet as long as the new triton management keep pace & demonstrates box ticking effectively, then with a resource upgrade as to further results always improving then it certainly is only a matter of time before a new solid offtake comes into fruition (again), imo!
all in good time people, it will happen, like many I too have had all the opportunity in the world to take or leave it with trades since triton moved into graphite back in june 2012 so any turn around moves are most welcome & should eventually present a new high (max say 10-12c re rate) which should be truly warranted after another set of decent news/results, so in the meantime its just a sit and wait boring hold, yet at some stage this hold & wait phase will tire once those whom have finished bottom feeding at 6.2c up have had their feed, some fomo and clock watching should kick in with the usual triton anticipation though watching the order size buying will also be key along with volumes.
back to sleep now & hope you all are keeping healthy and well as can be!
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