I have a large holding in this company from when Angas was first being built and I must admit I am also guilty of just forgetting about them as the reason to hold them now is in the belief that Tala Hamza will happen and everything else is just irrelevent. However went back through some of the quarterly's last night and came up with some interesting tidbits.
- So far the company has spent about $38 million on Tala Hamza.
- Profit from Angas is about $20 million a year and should continue for the next 4 years when the defined resource runs out. From memory Angas cost about $100 million to set up in the first place and they are looking at how to extend the resource (sunter shoot details out around July?).
- Have $11 million in the bank.
- Have a chinese company prepared to back them who recently paid 62 cents for 10 million shares and have another $44 million they are prepared to kick in.
- Forums
- ASX - By Stock
- terramin reseach
I have a large holding in this company from when Angas was first...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TZN (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.89M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.1¢ | $11.85K | 288.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.030 |
1 | 25000 | 0.026 |
1 | 100000 | 0.025 |
1 | 4200 | 0.024 |
1 | 100000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 100000 | 1 |
0.050 | 256085 | 1 |
0.051 | 100000 | 1 |
0.052 | 300000 | 1 |
0.054 | 249998 | 2 |
Last trade - 10.42am 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
TZN (ASX) Chart |