TON 0.00% 0.9¢ triton minerals ltd

Ton to me is a long game plan. The fundamentals of graphite...

  1. 201 Posts.
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    Ton to me is a long game plan. The fundamentals of graphite miners have not yet been realised and the signing of the mining licence will not send this thing to the moon like some are hoping for.
    The mining licence is a precursor to the funding and development of this mine and thats it. True market capital will not set in until the mine is underway and first production hits without hiccups.
    'IF' we are lucky mid development there MAY be a run up in graphite such as what has happened with lithium,cobalt,vanadium- to name a few.
    Great fundamentals in this company great investor backing and sure to see production albiet that production may be pushed out further.
    The mining licence will be great but i am more in anticpation in regards to who wants to make a deal on Nicanda hill and the billion tonne battery grade resource and the multi billion dollar vanadium tailings.
    I find it interesting that some are speculating the cost blowout in development, i would like to remind you MCC have signed a fixed contract- Yes there will be extras probably some time delays due to materials or machinery turning up late but originally this was a 100mill job - MCC have signed to do it for 70mill ( or so, please correct me if im wrong ) so to be in the poop there would have to be $30 mill blow out to get me concerned - Suzhou ( a subsidery of chinas largest building firm that deals with graphite and expandable products)  are to contribute towards keeping this figure down and help the development of this project. Once they contribute towards funding and get some skin in the game that would be a great incentive to keep costs down else watch a tumbling SP
    Time will tell. 
    Still a great specy.
    Not underwater like most other graphite miners at this time and by the looks of all the new comers on h.c the past month there is plenty of fresh interest waiting to pounce.

 
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