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1.1¢ triton minerals ltd

early works package to get some finance in and the dam...

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30/07/20

18:56

Post #: 46194836
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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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early works package to get some finance in and the dam constructed while the main financing package is finalised

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