tzn capitalisation low yes TZN have been serious with addressing environmental concerns - its listed on their website and is extremely thorough
its definitely going to go ahead, with mine decision in june. Slight 1 month delay from expected decision in may has gotten some holders worried - but in my opinion it just increases the certainty of it going ahead, as all the due process will be done better.
I expect about 2.20 or about $150M market cap, upon approval, which is in line with Jabiru Metals mkt cap a similar producer. Then i anticipate $300M mkt cap when it starts producing in 12 months time , assuming a PER of about 3-4x at current zinc prices(has stated earnings will be $100M per year), or about an 8x p/e at longer term zinc prices which is about right. ITs costs per unit are only 18cents per pound, so its a sustainable operation even at lower zinc prices. I'm assuming no earnings dilutions from share placements, which can alter my thesis.
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.12M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.4¢ | $978 | 22.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 59246 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 34061 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 59246 | 0.042 |
2 | 1120160 | 0.041 |
1 | 100000 | 0.030 |
1 | 150000 | 0.029 |
1 | 25000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 34061 | 2 |
0.048 | 100000 | 1 |
0.050 | 180000 | 2 |
0.052 | 300000 | 1 |
0.054 | 49998 | 1 |
Last trade - 10.09am 27/08/2024 (20 minute delay) ? |
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