TZN 5.26% 3.6¢ terramin australia limited.

So we are a week out from the close of the SPP and the...

  1. 299 Posts.
    So we are a week out from the close of the SPP and the prediction of it being a debacle surely will play out. I will be amazed if this is even 25% subscribed. I just hope the cash they would have raised with full subscription is not critical to their survival. I was initially going to invest a little but I have made the decision to be more generous with Xmas, rather than throw more money at TZN. The company I think has done a lousy job. All the promises with TH, failed timelines, big promises of imminent approvals etc. Im concerned this is the start of the death spiral. I just dont feel confident any more that this company can deliver on the potential it has promised for so long. Good luck to other investors and Merry Xmas!
 
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