It is a tight share register for a mining company, especially when you take into consideration Tritons est. ebit.
Certainly the possibility of excellent returns on investment, even better if funding is indeed as flagged..Non-diluting.
Yes the 34% cornerstone investment by Jinan is a strong endorsement indeed...For months I've been trying to understand their position..I assumed they wanted our product & not a takeover because it would have come long ago.
I believe the current negotiation with 'Xingchen Graphite' is more than just a small piece of the puzzle.. Perhaps bigger than we know.
Perhaps financing on Jinans part is hinged on a mammoth deal with Xingchen? Share price manipulation attributed to waiting to see if the deal comes through?
Not ramping but I just get the feeling there is a whale of a deal lurking beneath the water the markets can't see yet?
TON Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
