Not a good sign? Based on what exactly?
What can they announce of significance without the signature?
We already know that a JV for Nicanda Hill has been targeted for mid year going on previous announcements so I don't believe shareholders would be expecting any major announcements surrounding this.
Exactly why Nicanda Hill is targeted for mid year is a good question, my instincts tell me that Nicanda Hill discussions are strategically linked with Ancuabe financing hence the mid year target.
The signature will come, I'm confident the final signature would have it's own level of due diligence around it in addition to INAMI scrutiny.
It's a foregone conclusion that we will need to replenish Tritons finances in the near term, the only question is will it need to be before the signature or a cr executed concurrently with a financing package for Ancuabe.
UK was spot on regarding the current graphite market. It has not come to boil just yet however it is simmering.
Triton is a very interesting prospect for investors willing to take a medium to long term position.
GLTA.
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