TZN 0.00% 4.1¢ terramin australia limited.

speculative buy. target price 2.45 sha, page-4

  1. 9,286 Posts.
    Bought at 43 cents and sold yesterday for $1.94. (And thanking Fat Prophets. Our first ever mining spec).

    I think there is risk at the moment with the doubts over zinc.

    TZN will not be mining Angus until 2008 and Algeria until 2008 or 2009.

    18 months is a long time for commodity prices.

    I think any significant fall in zinc price can see TZN fall towards $1.25 to $1.50.

 
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