Ann: Terramin Undertakes Two Tranche Capital Rais, page-7

re: Ann: Terramin Undertakes Two Tranche Capi... To hold this capital raising before giving a clearer indication of what the current hold up is with Tala Hamza seems desperate. This is going to place a big cap on the share price even if there is positive news out shortly.

However Angus is the backbone to the company and we have a $100 million dollar plant which needs feedstock. The current reserves are only going to last for a few more years so we need to prove up more reserves now.

The only thing that has stopped me dumping this stock is that surely the valuation on Angus alone is worth more than $30 million dollars.

It is comforting to see some institutional support but I dont see to many private investors participating in the capital raising without more info about Tala Hamza.