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The Predicatble Squeeze, page-11

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Names little

17,843 Posts.

1250

07/12/16

12:59

Post #: 21166142
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Originally posted by Simmpa ↑

Has anyone else noticed TON come out of their suspension? It’s interesting because they managed to convince Chinese money (Shandong Tianye Mining Co. who I believe are the gold miner who bid for 50% of the Kalgoorlie super-pit, story below) to stump up $8m and they now hold a 20% stake in the company.

That super-pit deal appears to be under pressure.

But I wonder how this bodes for TON? The graphite market as a whole? And whether or not they’ll be able to get into production?

Currently I see SYR and KNL as certainties (one self-funded, and partially selling their product, and the other pre-selling their entire stage-one production and bank funding).

I suppose the question is did the VA time period cost them valuable time they could have been talking to customers, or does their major shareholder already have a potential Dragon buyer lined up?

The plot thickens… I’m not a fan of uncertainty in the industry, I mean more than is absolutely necessary, but this may have everyone crunching and re-crunching numbers, theories and analysis.

http://www.abc.net.au/news/2016-11-...algoorlie-boulder-super-pit-gold-mine/8042854

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Hi Simppa, I noticed

KNL Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Last 11.8¢		Change 0.003(2.17%)		Mkt cap ! $54.48M

Open	High	Low	Value	Volume
12.5¢	12.5¢	11.5¢	$53.59K	441.5K

Buyers (Bids)

No.	Vol.	Price($)
1	12216	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	12215	1

View Market Depth

No.	Vol.	Price($)
11	216896	0.115
12	239600	0.110
7	424623	0.105
13	299594	0.100
1	140000	0.099

Price($)	Vol.	No.
0.125	44540	2
0.130	152500	3
0.135	190838	3
0.140	84519	2
0.145	24910	1

Last trade - 15.46pm 17/07/2024 (20 minute delay)

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