TZN 3.45% 2.8¢ terramin australia limited.

terramin to seek arbitration on algerian jv, page-4

  1. 2,854 Posts.
    Correct blackjack.
    AS i stated Terramin should never have been involved in Algeria, you cannot reason with these people when it comes to money.
    TZN will eventually have to spend loads on legal fees and i doubt whether they will even survive.
    We saw 1.3 hit a couple weeks back, and then a rise for no reason.
    I believe once these low buy props are hit its going to get ugly.
    If i was management i would consider trying to get some money back that has been spent in Algeria and walk away, becaz the situation for UCL and Mahdiabad, a world class lead zinc deposit, has been nothing short of a nightmare dealing with the Arabs.
    Hope our management read this and maybe consider.
    Cheer
 
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