May have been aired before, but why not again. Interesting part I pulled out re infrastructure and the fact that TON may actually have better access to the highway than the other large graphite player nearby!
The proximity to Syrah’s deposit has, clearly, already started to produce benefits and help Triton fast track into production. The benefits of Triton’s closeology also extend to infrastructure. In fact, Triton’s property enjoys direct access to the main highway. This is actually better than Syrah Resources, where access involves having to deal with two rivers. Triton has unimpeded access in and out of the project, which means it can save a lot of money by not having to build any additional infrastructure. Triton has completed various phases of exploration programs in 2013 and in all cases, the Company reported that it obtained high grade of graphite. Much of the Balama graphite deposit is largely visible as it rises above ground, reducing the need for costly drilling. Mozambique is rich in resources such as coal and has a long coastline on the Indian Ocean marked by good ports such as Nacala and Beira which facilitate export.
TON Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
