TZN

3.90%

8.0¢ terramin australia limited.

Thanks for the info mate. The question around compensation is...

First 3 Last

Share
Profile

Follow
Leroy82

222 Posts.

31

01/05/23

14:11

Post #: 67545220
Share

Originally posted by Clark888: ↑

For those that may have missed the Adelaide newspapers today, the Governor has made a proclamation on the Bird in Hand mine site that would prevent future applications for mineral tenements in the area but would not restrict Terramin's ability to undertake any required rehabilitation activities.

Governor Frances Adamson last Thursday (27 April 2023) proclaimed the Bird in Hand gold deposit following a request from the Malinauskas Government.

It means the Woodside site is now exempt from future mining applications because the sections of the Mining Act 1971 that regulate mineral prospecting, exploration licenses and mining leases no longer apply. See below for a copy of the Proclamation:

Governor proclamations have apparently been used in the past to protect sites such as the Mintabie Town Lease Area in the APY Lands and the Burra Monster Mine Historic Area in the Mid-North.

https://indaily.com.au/news/2023/05/01/bird-in-hand-proclamation-to-permanently-cork-mining/

It will be interesting to see if the above proclamation results in compensation to Terramin.

The other company impacted by this proclamation is Maximus Resources Limited (ASX: MXR).

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.

Expand

Thanks for the info mate. The question around compensation is indeed an interesting one.
Upvote

0 Great analysis

Reply

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

What each US election outcome would mean for Australian companies & investors

There are more pages in this discussion • 2 more messages in this thread...

First 3 Last

Add TZN (ASX) to my watchlist

(20min delay)
Last 8.0¢		Change 0.003(3.90%)		Mkt cap ! $169.3M

Open	High	Low	Value	Volume
7.9¢	8.0¢	7.3¢	$3.781K	50.95K

Buyers (Bids)

No.	Vol.	Price($)
2	42253	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	33785	2

View Market Depth

No.	Vol.	Price($)
2	42253	0.071
1	50000	0.070
2	180000	0.065
1	45000	0.062
2	70000	0.060

Price($)	Vol.	No.
0.080	25000	1
0.082	5000	1
0.083	253266	1
0.085	27500	1
0.086	100000	1

Last trade - 16.10pm 01/11/2024 (20 minute delay)

TZN (ASX) Chart

Thanks for the info mate. The question around compensation is...

Making money: How many microcaps should be in an investor's portfolio?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

What each US election outcome would mean for Australian companies & investors

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks for the info mate. The question around compensation is...

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

What each US election outcome would mean for Australian companies & investors

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News