Nathan21,
I agree with contraindicator - the selloff is low value trades, people who bought in as it moved from 50's to low 60's and taking their winnings.
Most TZN'ers are long term holders anyway.
Having had a chance to go through the DFS in more detail and compare to my analysis of PFS and additional announcements since then, there are a lot of conservative numbers in the DFS. You were right to think it wasn't that bad. The weakness in TZN has always been that Angas has a fairly limited mine life and the next project needs to map over whilst Angas is still producing.
The Section on Mining and Figure 3 in particular show the extensive work underground required to prepare for mining but the time taken has a payoff with extremely low mining costs.
As I said in post above, the only thing really disappointing for me is the lack of information on the funding. The letter of intent at PFS time needs to be confirmed into funding (contingent on decision to mine of course) asap.
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Nathan21,I agree with contraindicator - the selloff is low value...
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