Ann: Fully Underwritten Placement TONOD Options Update, page-14

Syrah finally reports  Commercial Graphite Production today, and with the stock price up around 40% from December lows already looks like there is returning support for successful Graphite producers in the market.  Now lets see if  long comocosed  Triton Resources can finally get this thing financed  and also one day become a producer too?  Maybe there will be some valuable lessons to be learned from Syrahs Balama development which may expediate Tritons Ancuabe production profile and timelines. The ultimate prize we have all been long invested for remains for a longer term development plan  the 1.45billion ton Nicanda Hill  and its vast Balama North deposit which with the largest combined graphite vanadium resource in the world  must be a part of the  Ancuabe financing deal. As the plan  we have been told was to be going to construction  at Ancuabe by mid year maybe we don't have long left now to wait to find out?

Still hopeful here but to say the least it's been a hard long road travelled to date and has been frustrating to see management continuing to take their excessively high saleries resulting in continuing sp dilution  with no or little skin in the game themselves giving long term holders so little still to inspire continuing holding this stock. 

After the Triton Resources experience for many years now I for one will never again hold any stock where management itself  does not have significant risk capital invested in the company themselves, and where continuing dilution for them and the long road to mining seemingly is of no concern.   Maybe it is time now with the sp at the bargain basement 4 cents level  for them to show  some real support and solidarity for our company and now just do this  to just show us they really do intend to go mining? 

Cheers

mamba