I also spoken to PC recently and asked about other markets and...

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12/11/20

13:37

Post #: 48827133
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Originally posted by BigDaniel: ↑

Totally agree that it's always a positive to see management buying up...Can't argue and I would love to see Peter make a purchase as a vote of confidence.

Doesn't change the fact that performance shares are more lucrative to him with a financing package...It remains a strong incentive despite his salary package.

I'm not trying to paint an optimistic or pessimistic picture...Just bringing back some of the communication I've had with management.

Reality is many of us are stuck whether we are looking for the exit or not with a weak buyers column...In many respects forced to endure regardless of sentiment.

Management are telling me the project is still very much so supported and that the project is still very likely to get the green light despite the delays..That politics or takeover tactics are not the case....It's for every reader to make of that as they choose.

Despite the information not being price sensitive the luxury of a phone call to management is I can take the time usually to ask many different questions...It's easy for shareholders to say it should all be via the asx but there is a huge amount these conversations that the ASX would consider waffle and would never form part of a succinct announcement but is actually very important to bettering my understanding of Triton and the market...Also management are not mind readers who automatically know what I want to know.

Do I have fears or concerns? Absolutely.

Do I feel better after discussing things at length with management? Yes.

This year has been a tough pill to swallow for everyone..I'm not willing to sell for pennies on the dollar as the sellers column stands so wallowing in my pitty is not an acceptable alternative to me.

I'm optimistic by what I'm told and if it all falls to pieces I'll have been obliviously absent to the sickening worries of some in the interim...Alternatively it all explodes shortly once Jinan are confident it's go time and the rest is history.

It's neither doom and gloom or roses from me...Just understanding the field of play & making the best of it..Triton is not the be and end all, the sun will still come up tomorrow and hope it brings some extra good news with it.

Cheers.

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I also spoken to PC recently and asked about other markets and looking for other major / cornerstone investors which he replied is difficult especially in this covid environment and TON focusing on expandable graphite application.

But I failed to understand why the singular focus. Ancuabe flakes is targeted at Expandable Graphite and China which is understandable but we also have huge resources in Nicanda and other tenements. Why is the management not working on these for other applications and partners?

Despite Covid other companies are making deals. Why is TON not doing anything? If they are, well they are not communicating to us SH which is a shame. Can't blame us SH complaining them being overpaid for doing F all.

TON Price at posting: 4.5¢ Sentiment: None Disclosure: Held
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