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1.4¢ triton minerals ltd

Ton AGM 31 Aug, page-58

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Amryan

496 Posts.

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30/07/20

19:52

Post #: 46196033
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Originally posted by BigDaniel: ↑

Yeah it does sound positive? I'd have expected a little more conversation and excitement around Triton announcing that mobilisation and construction of the dam will commence September.

Not sure what they meant by ' the company progressed financing for the bulk earthworks contract that will allow mobilisation to the site to commence works September 2020'.

Is there some early funding coming from Jinan for this dam works prior to bulk package approval?

Is the funding coming from our current cash position? Which is a healthy $3,363,538 plus an additional $2.6m lodged with INAMI as a building gaurentee.

Either way I feel it's a good indication things are progressing well because clearly management aren't too wary of pushing ahead with this expenditure.

Interesting but exciting.

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I agree BD

with excitement about September, I think it is great that this date has been stated. sept is a key date to ensure the dam is built to met the other timelines. there have been several HC posters who have reiterated this as being the key date and the other finance dates have been noise. good to get this confirmation in a well drafted quarterly.

I'm comfortable with my investment

Last edited by Amryan: 30/07/20

TON Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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