Pre-capital raising analysis, page-75

"Where TON takes the lead is the fact that it has already secured its future is 300 ktpa binding agreement and more to come and that is why you can not go wrong with TON, as per my analysis."

this is very critical as the question is why couldn't the others with a supposedly better product couldn't achieve this. One needs to keep in mind the announcements. TON never talks about the quality of the deposit but the size and most importantly the potential cost. Recently it is showing flexibility for different markets. That is why for me 30 June is critical for the company - by then more drills. I keep saying i have no idea of specs of graphite sector. However, in business u follow the smart money. Securing an off take for many years indicates confidence in cost of product and the product. That is my FA for the day. hehe."