re: Ann: Terramin Undertakes Two Tranche Capi... have had some time to digest all this. IMO (being pessimistically optimistic) the following:
1. Issues pending from DST and Gvt response that obviously TZN think require more cash than originally expected ( what they are would be great to hear! not insurmountable as otherwsie would/should have released the info)
2. Already have good support from chinese, who will support more (they are not stupid)
3. Supporting existing shareholders (long shot)
4. GVt needs to get mine going, as sends +tive message to other potential invstors in country as well as giving good cash flow and employment to them.
5. Disclosure requirements require them to do what they are doing ( in best interests of long suffering exisiting investors.
Maybe, maybe this will all culiminate in good news from new MD. Here's hoping...maybe i'm dreaming, who knows
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