annual report

Just had a quick read of the annual report.

Looks like feasibility study is imminent



"Work on the feasibility study is now well advanced and mining optimisation studies are assessing opportunities to improve throughput, costs and financial outcomes of the project. The Environmental Impact Study will be submitted with a Mining Lease application in early 2010."


and Also some typical upbeat comments as usual from Moriaty

"The management and Board have an extensive history of developing and operating major projects including, importantly, those with low cost bulk mining techniques. Terramin can call upon levels of appropriate expertise to successfully develop and operate projects at all scales, something that is exceptional for a company in comparison to its market peers. I believe it establishes a platform for the Company to grow to an appropriate capitalisation given its portfolio of projects containing over
2.8 million tonnes of metal."


"I am confident that the Terramin strategy
will deliver excellent returns for its
investors, not just in the short term,
which is looking very bright, but over the
long term."

can TZN management pull it off?

we will soon find out.