TZN 0.00% 3.7¢ terramin australia limited.

Algeria, page-2

  1. 506 Posts.
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    Algerians are 35% shareholders. Is that only to get approval stamps from government and then eat profits- actually they are roadblocks for 35% and maybe blackmailing for more.

    That(65% only) is not a very decent deal IMO, until unless Algerians also put money into the mine .....which they haven't .

    outstanding stock 2010: 170M
    outstanding stock 2014:1.3B

    (Mis)management has definitely found a mine(at ASX)
 
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