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6.67% 3.2¢ terramin australia limited.

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  1. Horsetrader1
    5,227 Posts.
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    25/01/12
    21:07
    Post #: 9599369
    I am not a holder, but in reading the report, it does not look good. Terramin are not generating enough income to be sustainable. i.e they are not creating enough cash to pay for plant replacement (d & a > income)

    The strategic review must have only one outcome. Reduce the size of the company by selling assets until the bal sheet is repaired.

    HT1
    TZN Price at posting: 13.7¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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