TZN 23.1% 3.2¢ terramin australia limited.

tzn versus asx average

  1. 403 Posts.
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    interesting seeing TZN SP price movement against the ASX average

    there really has been a very close correlation between the two until the last month or so where the ASX has taken off and the TZN SP has languished

    reason why??

    I suspect it is just reduced appetite for risk.

    look at KZL in comparison it pretty much mirrors the ASX average including the last month.

    What will cause a change in sentiment? I think it will take more than a rise in the Zinc and lead price. Further real progress in developing the mine in Algeria will be the ongoing driver. I cant see TZN languishing at thee prices if real progress is made there




 
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