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6.67%

1.6¢ triton minerals ltd

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norgold

479 Posts.

08/05/15

02:13

Post #: 15239082
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Originally posted by ash kumar ↑

TON ann for capital raising was obvious after recent cash flow and activity report. There was no surprise whatsoever.

TON managing director and technical director have hefty salary packages including bonuses. Therefore, money has to raised to pay for.
Secondly, this would not be a one-off capital raising. There would be more down the track.

Look at TON graphite deposit which is large and high grade but thinly layered underneath very high overburden and surrounded by weak rocks.

This means there would be many operational mining difficulties and high operational cost.

In my view, look at Lynas corporation- initial sp was $1.50 before plant in Malaysia and now it is 5.0c after plant installation.

Keep watching....

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ash whateva. Your post is obviously designed to instill uncertainty in MY investment in MY company, reinforces my decision. Careful ya bluthering don't backfire u scoundrel u.

TON Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.6¢		Change 0.001(6.67%)		Mkt cap ! $24.98M

Open	High	Low	Value	Volume
1.3¢	1.6¢	1.3¢	$2.716K	174.4K

Buyers (Bids)

No.	Vol.	Price($)
1	250000	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	309844	2

View Market Depth

No.	Vol.	Price($)
1	250000	0.015
1	50000	0.014
1	98193	0.013
5	631562	0.012
5	1183333	0.011

Price($)	Vol.	No.
0.016	309844	2
0.017	296654	3
0.018	55000	1
0.020	8000	1
0.023	83935	2

Last trade - 10.45am 14/05/2024 (20 minute delay)

TON (ASX) Chart