TZN 0.00% 4.2¢ terramin australia limited.

Algeria, page-7

  1. 506 Posts.
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    So, basically ENOZ will steal the 51% sooner or later, and TZN will be a 49% partner writing all the investment checks(read shareholder dilution - already >billion shares out there). All the drama for DFS is just the blackmail push to get 51%.

    $42M TNZ investment to date down the garbage lane + future investment will have to be mainly from TZN while ENOZ just take the 51% profits. Such behavior from the algerian thieves clearly predicts the issues to come in future as well, not that present and past is very pretty. Very bad deal IMO...TZN will have 3 billion outstanding shares/dilution while the mine is being built.....
 
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