Not really much of a shortage of news flow for the rest of 2013 is there???
Below is the expected News Flow for 2013 (Of course you will always forget to mention all of these potentially very positive and significant upcmming milestones which could positively affect the TON share price Sid...):
•Annual General Meeting of Shareholders
•Ministerial approval of Exploration Licenses
•Environmental approval for Drilling at Balama North and Ancuabe projects
•Engagement of Service providers for next phase of the Exploration program
•Laboratory results from Graphite samples obtained during initial exploration program
•Commencement and results from further Mapping, sampling and trenching program at Balama North and Ancuabe
•Commencement and results from Drilling Program at Balama
North and Ancuabe
•Advancement of current relationships with key stakeholders:
•Neighbouring project Licenses holders
•Local landholders
•Local, regional and federal government
•Updates on project
acquisition opportunities
To those who have no clue:
This is a speculative stock.
Generally people invest in spec stocks for the potential for it to provide greater returns. This potential fro greater returns is generally because there are heightened risk factors rather than many other blue chip stocks which may be deemed a more Secure and liquid” investment. As such, IMO, you should not be expecting for everything to be perfect in a spec stock! And this includes the companies cash position! If everything was perfect the share price would not be 6.8cents and it’s market cap would be a lot higher..
Find another company if you want one that has 5 or 10million in the bank and want a 20 or 25% return.
I think many of us here in this stock would be looking for a 250% return minimum from current share price. If you don't think it will get there like Jaded said it will never touch 25c this year, then go find another company to invest in? But you'd rather sit on TON forum to flame and bait other posters, am i about right?
Although vital to continue exploration, I have said in the past that It is not about the cash they have on hand. It is about proving the resource that we have in the ground. Because once we do this then sophisticated investors and insto’s will be throwing money at us to fund further exploration and ramp it up. They just need confirmation and a sniff of what the grades, sizes, and quality of it is and then we will go from there. And the company is doing everything it can to do this in a timely and efficient manner – which Sidthefish would know if he went to the seminar last night and spoke to B Boyle for himself (like I did). But I guess being a NST TON investor he didn’t see the need to go!
Boyle is 100% committed (you would know this if you picked up the phone, sent an email or spoke to him in person), and I have no doubts at all that he is striving for shareholder value. This has been demonstrated through the way he keeps us informed constantly through announcements and through many other ways.
Agree with Mino – Boyle said exactly what I wanted to hear when I spoke to him. Results from samples in a few weeks, and drilling to start ASAP. He said licences are very close to being granted too.
The fact he even wants to utilize equipment/ suppliers that neighbouring companies have used is one example of his desire to reduce costs, spend money wisely and use decent and reliable equipment to get the jobs done.
- Forums
- ASX - By Stock
- ton proactive presentation
Not really much of a shortage of news flow for the rest of 2013...
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TON (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $15.68M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $285 | 31.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 2805970 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 8245 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 2805970 | 0.009 |
11 | 2474672 | 0.008 |
3 | 477619 | 0.007 |
5 | 931975 | 0.006 |
2 | 899995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 8245 | 1 |
0.011 | 1831178 | 5 |
0.012 | 1812797 | 7 |
0.013 | 700000 | 2 |
0.014 | 299399 | 1 |
Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
Featured News
TON (ASX) Chart |