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

TON

Click for more information

0.00%

1.0¢ triton minerals ltd

this is an old post from January when Jinan was approving other...

First 422 Last

Share
Profile

Follow
Amryan

496 Posts.

153

30/04/21

07:44

Post #: 52830047
Share

Originally posted by Amryan: ↑

I have noted previously there have been two loans granted by Jinan in last two weeks.
Overall there seems to be two categories of loans being approved by Jinan.
CATEGORY 1: Loans amounts previously approved by Jinan shareholders, that are then executed
CATEGORY 2: New loans, which then go to the shareholders for approval.

Over the last week there has been one Category 1 loan and one Category 2 loan approved. The Category 2 loan went the Jinan shareholder who certified the decision today. I believe the Triton loan is in Category 2. I believe the document outlining the shareholders approval today will provide insights into how the Triton loan will probably play out if approved. Therefore I have attached the link to this document below. Someone else will need to translate the document.

http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2021-02-05/600807_20210205_1.pdf

I assume that if Jinan approves finance for Triton the next step will be going to the Jinan shareholders for approvals and the term and conditions will be similar to the loan that was certified today.
That of course is only my speculation.

Expand

this is an old post from January when Jinan was approving other loans. it gives a summary of there process.

TON Price at posting: 4.0¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

MGU

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

There are more pages in this discussion • 1 more message in this thread...

First 422 Last

Add TON (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $15.68M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$577	57.70K

Buyers (Bids)

No.	Vol.	Price($)
4	532156	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	137852	2

View Market Depth

No.	Vol.	Price($)
4	532156	0.010
5	714484	0.009
6	1652529	0.008
5	1582850	0.007
2	416660	0.006

Price($)	Vol.	No.
0.011	137852	2
0.012	197912	2
0.014	83332	1
0.018	166666	1
0.020	1964196	2

Last trade - 15.59pm 31/07/2024 (20 minute delay)

TON (ASX) Chart