Pathway to Production

Aiming for first production in 2019

	Column 1	Column 2
0	Timeline	Milestone
1	H1 2018	 Anticipated binding agreements with strategic financing/offtake partners  Anticipated award of mining concession and environmental approvals  Proposed award of major works packages  Aim for Board investment decision and project approvals  Commence basic engineering, and early works workforce mobilisation  Identification of potential Nicanda Hill Joint Venture partners
2	H2 2018	 Anticipated commencement of construction
3	2019	 Anticipated completion of construction (H1) and commencement of commissioning  Anticipated commercial production and ramp up of operations  Targeting Estimated first shipment (H2)

Here's the thing. To much effort, energy and chat has been on an option deal which is yet to be voted on, if, it see's the light of day again.

With all of the above coming in H1 2018 I can't imagine the Management team is spending any time on an option deal. No expert reports seen on this as yet.

I just want to remind shareholders not to loose perspective on the deliverable list outlined by TON Management above.

Which of the above deliverables are ticked of as yet?  Half Q1 is approaching then Q2. H1 2018 soon will be over. TON Share price is in for a massive rise based on the projected Pathway to Production. The effectiveness and ability of TON Management team is on display right now and thousands are watching the decisions to be had.

We are soon to be for a barrage of announcements. Can TON Management pull this together?