TON 0.00% 1.4¢ triton minerals ltd

Due Diligence

  1. 91 Posts.
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    Let me start by saying I believe in the TON dream and model.
    I was very uncomfortable when the share price recently dropped below 20 cents and released 1/3 of my holding.
    a few wounds inflicted by slick Nick Curtis @ Lynas, made me very wary of the 'over sell' on the 'shiny new toy'.
    So the recent partnership and off take news have been most welcome.
    but the subsequent Easter analysis ranged from brilliant to bullocks.
    With the market open less than 12 hours away, the price direction is not clear to me.
    I want to float a few questions (that weren't picked over across Easter) before the market decides .
    BB said on the webcast that the Chinese deal was put together in a month.
    Those photos didn't do much for me.
    Who were Tritons advisers that undertook the due diligence on the Chinese crew in such a short timeframe? Nexia the auditors? Or the preferred broking house?
    Have the Chinese company over-sold themselves to BB?
    Is BB trying to do too much from Africa or WA?
    With all these deals popping up, a team of corporate advisers is essential for the optimal outcome.
    The market may well communicate their final assessment on the chinese deal this week.
    For me, plugging this adviser 'gap' will help restore my comfort level then back to BUY.
 
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