Thank you bacolar for the video clip of Triton Minerals on the Low Emissions Conference Q & A with the host of The Pick.com.Peter Canterbury's comments are interesting.So why are we at rock bottom? He said 'Capex $85,000,000. Cost of production $630 per tonne.Expected $ value per tonne $1430. NPV $300 million. Payback years 4.My simple calculations are 50,000 tonnes per year at $800 = $40,000,000. Why are we muddling along with these hypothetical $ to bank each year less various taxes.Are his calculation wrong,or is there an unknown reason why we are in struggle street?What has happened to Argonauts valuation of 18 cents per share ?All this does not add up ? My thoughts only
TON Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held