Both King Louie and Nasabear have been discussing the peer imbalance between TON and SYR. It now sits at about 1400% in SYR's favour!
Why so much is the big question.
SYR's advantages seem to be:-
1...SYR was first.
2...SYR is between 6 m0nths and 2 years ahead in its progress. (depending on who you listen to)
3...SYR has institutional support.
4...SYR has a off-take agreement.
5...TON has and is being subjected to sustained attack by the anonymous posters on this forum.(seemingly organised??)
TON's advantages seem to be
1... TON has a larger resource of similar grade and much greater tenements
2...TON is closer to Port.
3...TON with the jumbo flake at Ancuabe can offer a greater range of flake sizes.
4...TON does not have concerns about access to its deposit being affected by flood in the wet season and therefore a more reliable supplier.
Question:- IF TON did a deal with the owners of the existing plant at Ancuabe and were able to get to production first and IF TON announced similar size off-takes to what SYR has, would they not then leap frog SYR. ???
Then how long would it take for that 1400% peer imbalance to be erased?? Days,weeks??
Only a couple of anns. away. All supposition of course.
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triton minerals ltd
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.841M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.242K | 249.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 4928990 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 437128 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 4928990 | 0.004 |
8 | 3309286 | 0.003 |
3 | 1550000 | 0.002 |
4 | 6100000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 437128 | 2 |
0.006 | 1777868 | 6 |
0.007 | 891944 | 4 |
0.008 | 1325790 | 2 |
0.009 | 781579 | 2 |
Last trade - 10.57am 11/07/2025 (20 minute delay) ? |
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
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