I just realized that I accidentally clicked stock held in my last post. Just to clarify, I don't hold TZN but I think it is a hold pending news re: strategy and sale. They still have 2-3 years of good production from Oz assets, which have further exploration upside. When they sell Tala Hamza - (I think this is likely), they will need to move fast and put cash to work on acquiring acreage that can be put into production within 2-3 years. The Chinese and autocracies in Africa have a lot in common.
They have a window of opportunity to sort themselves out. If the markets dip between now and November and they complete this sale they will be in a nice position to go shopping for near production assets in need of cash.
One possibility (pure speculation on my part) is to establish a J.V. with KZL & PEM together with a Chinese partner to develop Admiral Bay. Cost 1 billion - 50% zincers & 50% China. Sovereign risk - nil.
- Forums
- ASX - By Stock
- Ann: Tala Hamza Discussions and Market Update
I just realized that I accidentally clicked stock held in my...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TZN (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.89M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.1¢ | $11.85K | 288.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.030 |
1 | 25000 | 0.026 |
1 | 100000 | 0.025 |
1 | 4200 | 0.024 |
1 | 100000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 100000 | 1 |
0.050 | 256085 | 1 |
0.051 | 100000 | 1 |
0.052 | 300000 | 1 |
0.054 | 249998 | 2 |
Last trade - 10.42am 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
TZN (ASX) Chart |