TON 0.00% 1.4¢ triton minerals ltd

IF TON was SYR

  1. 9,748 Posts.
    lightbulb Created with Sketch. 147
    Yep I'm back with one of your ol'fav's...

    Keeping the same shares on issue as it stands today and assuming TON takes 100% ownership of grafex without further dilution (unlikely but just to keep it simple)

    IF TON was at the same stage of development with the same off-take agreement/MOU's in place as SYR then TON's share price would be $2.20 - (nearly 15x current SP!)

    IF we say it only has 80% of the project then $1.75
    IF there is share dilution obtaining grafex or dilution by LGI say 20% then say SP $1.75
    IF TON get's off-take agreements for 100,000 tons then say SP $2.63
    IF..
    IF..
    IF...

    KL - TON's SP should already be well north of $1 is you ask me.
    Last edited by king louie: 11/02/15
 
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