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3,387 Posts.
1485
07/01/19
17:33
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Perhaps prompted (copycat style) by TON (not holding) putting out the following release to market last week:
https://www.asx.com.au/asxpdf/20190104/pdf/441p1s46w2f4df.pdf
this is the page it is referring to:
https://www.tritonminerals.com/graphite-market/about-graphite/graphite-price/
They had $12.254M at end of last quarter and planned spend $7.348M implies they will have around $4.816M remaining at end of December.
NB - I think at some point they said plan was to have $5M left at the end of the December quarter. I just can't find the reference at the moment.
Also - recent director on-market top-ups at 2.3c would suggest there won't be a cap raise any time soon.
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