Current market cap of $1.74m includes what may be considered a...

Current market cap of $1.74m

includes what may be considered a $2m + royalty "put option" on an increasing gold price?

As with Aussie gold looking more attractive; project economics must be enhanced for TZN.
Currently $A1438.11; the project may be expedited.

The second and third stage cash payments of $1 million each are contingent:
on approval of a Program for Environmental Protection and Rehabilitation (PEPR),
and commencement of bullion production.
The Company will also receive a 0.5% royalty payable on bullion production in excess of 50,000 ozs.

http://www.**promotion blocked**net.com/charts/metals/gold/2a-aud-us-d-Large.gif