TON 0.00% 1.4¢ triton minerals ltd

Likely a small fry playing games to try & shake the tree for...

  1. 3,869 Posts.
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    Likely a small fry playing games to try & shake the tree for some further accumulation, he/she will be hoping a seller chases the .036 & he/she will oblige & buy them.

    The real manipulation was done October/November 2018 from 7c to our home of .038c a share since on average.

    The real manipulator won't worry about $41 trades for a cheap scare of a pip, he/she will ensure as they have done that there is a healthy continuous 500,000 unit wall below 4c imo.

    Forget Brad Boyle as the root problem, instos & genuine investors will sort the poop from the clay very quickly distinguishing the difference between then & now.

    Institution investment will likely come after financing, keep in mind though that global confidence isn't at an all time high so the real big $ may come once demand for supply is guaranteed.

    Syrah are a proven example of what can go wrong post financing, I'm a great supporter of Triton as you all know however I do not live in fairy land. Even with a mine built Triton will likely need to demonstrate it's ability to successfully mine & sell 40,000-60,000t per annum & generate initial cash flow before the major biscuits are invested.

    Would you risk people's supers on a new speculative market & sleep? Or wait for all the ducks to line up?

    Could be wrong but I think finance will land exactly as Peter has laid out. We will then see a fair re-rate to 15c shortly after. A build up to 35c towards commissioning of the mine.

    In 5 years $2-$3 once the market has proven itself and earnings per share is obvious to the market big fish with Ancuabe in full swing whilst developing further projects like Nicanda West & Nicanda Hill.
 
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