TON (ASX) Moving forward 2020

Originally posted by stevenjd: ↑

they may want it for peanuts, but either they come through with the finance deal (subject to being able to do so with any restrictions on travel, corona, or do it remotely, timing may vary) or they dont.

The ball is in their court to move the finance ahead, and if not, then they dont control TONs future.
While they are a 34% holder, to benefit from moving ahead, they gain nothing from not. And no controlling vote on alternative paths if needed.

But Because TON has what they need. Either as a come producer, or takeover the lot.
And they wont get it for peanuts with the top 20, and the rest of us encrusted barnacles wanting a fair price.

Perhaps they dont know what we are made of. We told WGX to go screw themselves at 12c, when they wanted to shove some lithium pie under our noses for script.

Rather, we have what they need, and you wont find better in the world, for scale, quality, and political congeniality than Moz.

Mind you, a takeover near 20c could get some air in the current climate, although i reckon under normal circumstances 25-30c on EBIT multiple.

Expand

Hi Stevenjd,

Agree with you.

I add the point that the Chinese 'investment/interest' thus far has been strategic on their part and only in their potential interest only.

Could be just part of the expansionist CCP situation atm. Naïve market stuff ultimately. Fingers to be burnt I suspect.

There are other parts of the world who are interested too. That will follow.

Watch USA and Germany.

Don't forget the Construction industry use as well.

Cheers Happy Max

.

Originally posted by stevenjd: ↑

they may want it for peanuts, but either they come through with the finance deal (subject to being able to do so with any restrictions on travel, corona, or do it remotely, timing may vary) or they dont.

The ball is in their court to move the finance ahead, and if not, then they dont control TONs future.
While they are a 34% holder, to benefit from moving ahead, they gain nothing from not. And no controlling vote on alternative paths if needed.

But Because TON has what they need. Either as a come producer, or takeover the lot.
And they wont get it for peanuts with the top 20, and the rest of us encrusted barnacles wanting a fair price.

Perhaps they dont know what we are made of. We told WGX to go screw themselves at 12c, when they wanted to shove some lithium pie under our noses for script.

Rather, we have what they need, and you wont find better in the world, for scale, quality, and political congeniality than Moz.

Mind you, a takeover near 20c could get some air in the current climate, although i reckon under normal circumstances 25-30c on EBIT multiple.

Expand

Originally posted by stevenjd: ↑

they may want it for peanuts, but either they come through with the finance deal (subject to being able to do so with any restrictions on travel, corona, or do it remotely, timing may vary) or they dont.

The ball is in their court to move the finance ahead, and if not, then they dont control TONs future.
While they are a 34% holder, to benefit from moving ahead, they gain nothing from not. And no controlling vote on alternative paths if needed.

But Because TON has what they need. Either as a come producer, or takeover the lot.
And they wont get it for peanuts with the top 20, and the rest of us encrusted barnacles wanting a fair price.

Perhaps they dont know what we are made of. We told WGX to go screw themselves at 12c, when they wanted to shove some lithium pie under our noses for script.

Rather, we have what they need, and you wont find better in the world, for scale, quality, and political congeniality than Moz.

Mind you, a takeover near 20c could get some air in the current climate, although i reckon under normal circumstances 25-30c on EBIT multiple.

Expand

Originally posted by stevenjd: ↑

they may want it for peanuts, but either they come through with the finance deal (subject to being able to do so with any restrictions on travel, corona, or do it remotely, timing may vary) or they dont.

The ball is in their court to move the finance ahead, and if not, then they dont control TONs future.
While they are a 34% holder, to benefit from moving ahead, they gain nothing from not. And no controlling vote on alternative paths if needed.

But Because TON has what they need. Either as a come producer, or takeover the lot.
And they wont get it for peanuts with the top 20, and the rest of us encrusted barnacles wanting a fair price.

Perhaps they dont know what we are made of. We told WGX to go screw themselves at 12c, when they wanted to shove some lithium pie under our noses for script.

Rather, we have what they need, and you wont find better in the world, for scale, quality, and political congeniality than Moz.

Mind you, a takeover near 20c could get some air in the current climate, although i reckon under normal circumstances 25-30c on EBIT multiple.

Expand

Originally posted by stevenjd: ↑

they may want it for peanuts, but either they come through with the finance deal (subject to being able to do so with any restrictions on travel, corona, or do it remotely, timing may vary) or they dont.

The ball is in their court to move the finance ahead, and if not, then they dont control TONs future.
While they are a 34% holder, to benefit from moving ahead, they gain nothing from not. And no controlling vote on alternative paths if needed.

But Because TON has what they need. Either as a come producer, or takeover the lot.
And they wont get it for peanuts with the top 20, and the rest of us encrusted barnacles wanting a fair price.

Perhaps they dont know what we are made of. We told WGX to go screw themselves at 12c, when they wanted to shove some lithium pie under our noses for script.

Rather, we have what they need, and you wont find better in the world, for scale, quality, and political congeniality than Moz.

Mind you, a takeover near 20c could get some air in the current climate, although i reckon under normal circumstances 25-30c on EBIT multiple.

Expand

Originally posted by stevenjd: ↑

they may want it for peanuts, but either they come through with the finance deal (subject to being able to do so with any restrictions on travel, corona, or do it remotely, timing may vary) or they dont.

The ball is in their court to move the finance ahead, and if not, then they dont control TONs future.
While they are a 34% holder, to benefit from moving ahead, they gain nothing from not. And no controlling vote on alternative paths if needed.

But Because TON has what they need. Either as a come producer, or takeover the lot.
And they wont get it for peanuts with the top 20, and the rest of us encrusted barnacles wanting a fair price.

Perhaps they dont know what we are made of. We told WGX to go screw themselves at 12c, when they wanted to shove some lithium pie under our noses for script.

Rather, we have what they need, and you wont find better in the world, for scale, quality, and political congeniality than Moz.

Mind you, a takeover near 20c could get some air in the current climate, although i reckon under normal circumstances 25-30c on EBIT multiple.

Expand

(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $21.85M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

No.	Vol.	Price($)
3	215389	0.013
5	631562	0.012
4	1100000	0.011
5	950000	0.010
3	236105	0.009

Price($)	Vol.	No.
0.014	227875	5
0.015	190000	2
0.016	309719	2
0.017	262754	2
0.018	250000	1

Moving forward 2020, page-401

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'Future in Aussie' Budget boost could turn IGO into a Cinderella stock

Week 20 Wrap: EU-to-China cargoes up 12% YTD; US CPI tame

Market Update: ASX dips with only materials afloat

Patagonia grows portfolio of REE and lithium-focused territory with exploration grants

Greentech and Anax team up to put Whim Creek copper hub on steroids

The home PC changed retail stores forever. Shekel Brainweigh can do it again

Tambourah gets state govt grant for drilling at namesake gold project in WA

Encounter pulls a rabbit out of the hat chasing copper at Sandover

Pegmatites under glacial cover excite Cygnus in Quebec

After long delays, Mantle Minerals kicks off drillrun for gold at Mt Berghaus

Buyers (Bids)

Sellers (Offers)

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