TZN 0.00% 4.2¢ terramin australia limited.

dfs summary released, page-33

  1. 19,661 Posts.
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    Way back on March 26th 2009 gap up open left a gap at 48.5.

    51.0 low today 2 year low.

    Management botched this by not getting the desired profitability out of Angas to at least tie over to Tala Hamza.

    Instead we get this unexpected surprise of 57 months construction period. The market does not respond well to surprises.

    Further more any talk that this management team will look an interim type acquisition will only dilute the stock and divert focus

    Whilst current holders or new holders may want to be heroic and buy, I would suggest caution as each close since this announcement has been on the low.


 
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