TZN 0.00% 3.0¢ terramin australia limited.

chart and comments

  1. 12,414 Posts.
    Had a bit of a look at this one last night... lead on the rise and testing year highs got me interested. I believe that they have reduced their cash costs to 34c us/lb, so its makes the profits look fiarly attractive with lead hitting 95c us/lb last night..

    Im sure most on the thread here know most of this, and that the fundamentals are making the stock look cheap @ 75c..

    Anyway here is the chart.. Im on for a punt.. Looks cheap and I think there is very little downside at this level. Next stop should be to test resistance @ 98c or so. Not sure how long it will take, but certainly possible in the next few weeks if metals can continue to climb.



    Cheers
    Kevi

 
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