BG-it was announced some time ago that the Algerian govt had changed their mind and would retain 35%. They obviously hadn't realised the large upside of the tenement.
65% is still better than 100% of nothing.
Sovereign risk is not a great risk in Algeria- TZN is highly regarded by the govt and besides- there are some large multi-nationals exploiting the oil and gas reserves.
There is a story in "The Australian" this morning. It appears that the Chinese want to bankroll TZN into other projects- further info @ AGM no doubt.
cheers
terramin information briefing, page-12
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TZN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.77M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6428 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 14 | 1 |
View Market Depth
| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| TZN (ASX) Chart |
Day chart unavailable