TON 0.00% 4.4¢ triton minerals ltd

1 for 4 share restructure & LSE - thoughts?, page-2

  1. 7,432 Posts.
    This is the only Graphite stock I know of listed in the UK- Stratmin. It operates out of Madagascar, Has started small time production out of I think a re furbished former mine BUT not sure about that refurbish bit or whether it was new.

    TON UK investor would have better access to info about this one. I've just got some basics and a chart.
    To calculate the Consolidation, one needs to know the /prefered' shares on issue/ market cap/ float price for a UK listing. In ASX it's 20 cents usually for a 'small float', 20 cents to raise up to A$10millish.
    but that's just beginning explorer whereas I see TON floating to fund Plant and Production.
    Anyway more on that another time. I'm working and pondering on TON going /boutique' initial production say 20kts.

    Anyway the Stratmin Comparison
    Chart from Beginning of operation. Is that a 30 p float price? Right hand axis is UK p not Pounds btw KL,
    stgr_uk20mar12_to_09mar15.png
    STG has 112mil shares on issue with a Market Cap of UK pounds 6 mil [A$12m ish?]
    Don't know what the Market Cap was Peak 2012 or what the Float was for.
    The recent Big Green Candle last year was signing the binding offtake of production NOW not in 2 years but NOW.

    If I can be provided with other Graphite UK listed a comparison set up could be made.
    but I would refer you, esp King Louie, to a jamesphi post yesterday on dual listing is 'best' for tightening the register with UK RETAIL not Institutional Investors but that's probably too left field contra FA for most to "dig".

    cheers
 
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