TZN 0.00% 3.2¢ terramin australia limited.

re: is tzn or zfx better at current prices? TZN is definately a...

  1. 147 Posts.
    re: is tzn or zfx better at current prices? TZN is definately a better buy IMO if you are comparing just on resource v market cap.

    As mentioned before here, if you factor out the Angas decision i.e. its all approved, then we should see at $1.50. TO put into perspective, its market cap is tiny compared to many other zinc producers/hopefules which really means that is got a lot more to go. If the mine goes ahead in SA, it will be $1.50. Count that in with good news from ALgeria (re:offtake and plan for production) AND Menindee results (which I've been told is great!), you get a nice picture. Even if it went to $3, it would still be a mere $210m or less and this is if all those 3 big factors strike the trifecta.

    Definately one for the patient ... as has investors who have done well with things like OXR, PDN - the big winners have all been patient since a few years ago. These opportunities are far and few to have an OX or PDN but even small ones are good enough for all of us.

    DT :-)
 
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