TZN 0.00% 4.2¢ terramin australia limited.

I have a large holding in this company from when Angas was first...

  1. 51 Posts.
    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.

 
watchlist Created with Sketch. 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
Last trade - 10.42am 04/10/2024 (20 minute delay) ?
TZN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.