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3.85%

1.3¢ triton minerals ltd

Ton Buy side building up???, page-11

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939 Posts.

115

08/06/20

06:16

Post #: 45090381
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Originally posted by bullrush90: ↑

With $6mill traded in SYR on a 11% rise in G prices , i would think TON with an announcement like $90mill in funding should get a similar move on.
At the 6c level to jump onboard TON with 1mill shares will set you back $60,000. A $6mill trade or lets even half or quater that we are looking at a substansial rerate just on fomo alone before the ann drop imo.
The drop of the Ann itself with supporting offtakes as BigD has been discribing would ice the cake and set TON up near Syr. Syrah may have a mine but they also have cash burn in the $10s mill level per quater and manage to be at 40c.
Now with full funding, no further capital raisings, further opportunities to make cash with jvs etc and greater basket prices for TONs product should we look at a rerate higher than SYR ?

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wasnt that long ago they where trading at nearly $4.50.. i would like to think we should push back up to our pre WGX debacle market cap of around 120 million (12 cents) with finance. so many boxes have been ticked since then its hard to fathom why its so low atm

TON Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.3¢		Change -0.001(3.85%)		Mkt cap ! $19.51M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$250	20K

Buyers (Bids)

No.	Vol.	Price($)
1	125000	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	656368	2

View Market Depth

No.	Vol.	Price($)
1	125000	0.012
3	1000000	0.011
5	750000	0.010
4	261105	0.009
3	482500	0.008

Price($)	Vol.	No.
0.013	656368	2
0.014	394203	5
0.015	1540000	2
0.016	168788	2
0.020	8000	1

Last trade - 13.20pm 10/05/2024 (20 minute delay)

TON (ASX) Chart