The positive news is that someone is buying up large parcels I agree with BD once finance is announced - the share price will move quickly north - TON management has everything else signed, sealed and ready to go!
World-class assets with excellent returns Triton’s assets are suitable for all graphite applications Near term production at the flagship large flake high purity Ancuabe Project Ancuabe DFS1: NPV US$298 million, IRR 37% Nicanda Hill: NPV US$592 million, IRR 44%
TON has highest purity in Moz and amongst the best in East Africa TON has very dense graphite (660kg/m3) and virtually no mica or clays. China has a shortage of large flake graphite for building products DFS1 completed Dec 2017, confirmed Ancuabe is a high quality, long-life project with robust economics - 30+ years mining! Nicanda Hill - 100 plus year mine! Over 50% of anticipated Ancuabe production secured EPC contract signed with MCC International Strategic partnership with Jinan Hi Tech as cornerstone for Ancuabe Targeting production of 60,000 tonnes of high purity, large flake, graphite concentrate per annum1
Market forecaster Roskill predicts graphite demand from battery makers will grow by 23-27% each year through to 2028. China has mandated the use of flame retardant building materials in all new buildings and use of traditional brominate fire retardants has been banned in many countries
TON Price at posting:
5.4¢ Sentiment: Hold Disclosure: Held
