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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tanzanite | LSE:TNZ | London | Ordinary Share | BMG8672E1021 | COM SHS USD0.0003 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 8.00 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 8.00 | GBX |
Tanzanite (TNZ) Share Charts1 Year Tanzanite Chart |
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1 Month Tanzanite Chart |
Intraday Tanzanite Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/8/2011 | 22:09 | Tanzanite One with Charts & News | 1,275 |
| 20/12/2010 | 09:35 | Tanzanite is 1,000 times rarer than diamond | 682 |
| 16/7/2007 | 11:46 | Tanzanite One Limited AIM:TNZ | 555 |
| 23/5/2006 | 16:17 | TANZANITE ONE - new issue | 37 |
| 23/5/2006 | 15:04 | Tanzanite One - Unique | 45 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 25/7/2011 14:08 by pdt After watching for a while I made my first purchase this morning.They seem to be on target for around 3p EPS which with a modest PE should see them easily regain the 16p share price they hit earlier in the year. However, tiny market cap mining shares have a high chance of going off course and under deliverying. However, they seem to be doing all the right things and making all the right noises. My personal target is 18p over the next 12 months and the risk/reward seems reasonable. |
Posted at 17/7/2011 13:46 by zaksab Personally I think it is interesting but not that unloved. Look at the tanzanite price assumption in XCAP's price target. (the house broker, market maker etc). They have it rsing a sedate 250% from current levels before settling there for the life of mine. Yes they fought of a 45p bid but this was for part of the share capital not its entirety. That is why TNZ claimed to reject it. |
Posted at 08/7/2011 08:57 by binladin from iii bullboyTNZ is going one way for the rest of 2011 as growth across the globe continues at a more than except able rate especially in the bricks. and diamond and precious gem stone prices head north as demand starts to outweigh the supply chain TNZ is positioned to take advantage of the current market conditions. with our now operational cutting and polishing business in play and growing contracts from the buyers like GEMS TV, ROCKS and JC the flow of cash will do nothing but increase. with tanzanite prices also heading back to all time highs per caret i fail to see many negatives for this plc. any shares under 10p are a screaming buy we are currently undervalued by minimum 60% based on the last results alone! there is very little chance that TNZ will loose it licence with the Tanzania government witch in my opinion is the only real danger for TNZ. Q2 number i think will blow the market away as did Q1 number and a return to 16p is in a time frame of less than 2 months! we are producing at fantastic levels now averaging over 70 carets per tonne! with the new rich vein discovery we can look forward to fantastic quality of rough as well that should start to surface from the mine. this is no time to loose faith our new CEO could not been a more perfect choice he WILL turn us around and it is already happening its only a matter of time until the market sees TNZ again when it happens with only 35% of the shares in public hands it will move very very quickly!! Good luck all BB |
Posted at 23/6/2011 23:24 by zaksab On the perhaps tenuous assumption that the asset they are buying today is, in the fullness time, to prove to be worth a certain amount which turns out more than they initially expected to pay when enetering into the option, then the fact that value of the consideration (i.e the share price given the consideration is to be mainly given in a fixed no. of shares) has fallen means that the deal may create more absolute equity value than they initially thought. More equity value to accrete onto a lower market cap means much greater % equity upside assuming issuance at today's share price. |
Posted at 10/6/2011 13:15 by steve36 Giant steps - interested in your comment about an open ended purchase price. Are you worried that the share price might take off so that the cost will be much greater. If so, I don't share your concern, wouldn't it be great news if that happened? Isn't it really just an accounting issue, as to how much asset value is taken onto the balance sheet? For us shareholders, we know the dilution will be 18m shares = 13.5% of the value of our holdings. Personally, I'd be more concerned that if the price had been fixed in dollars but payable in shares, that the share price might fall and we'd be faced with greater dilution.If the share price does take off, ultimately they could always not take up the option, wasting just A$120k or renegotiate it. The way I'd look at is that effectively the vendors are holders of 18m shares now but that the company can get out of it if it doesn't look such a good deal after due diligence. |
Posted at 02/6/2011 07:49 by giant steps The downside of this type of deal is the vendor will have thetnz share price under pressure to make an exit in 18 million shares. Will the "diversification" model come at the expense of weaker share price ? Interesting times ahead. |
Posted at 20/4/2011 16:00 by jasonsharland up 18% now. Tnz laggs diamond prices by 12-18 months! Diamond prices have more than doubled in 2010 for rough diamonds are up about 20% for polished specimens and set to continue rising! TNZ might be wise to take note of their majors shareholders fortune, (10% holder of TNZ is Gemfields) who recently managed to achieve in its Joburg sales in November 2010 414% increase from a year ago from 5 to 20 dollars per carrat, (20% grade a and b) which has resulted in the share being rerated considerably as its s price has risen by 500% since 9 months ago. TNZ minning costs were down about 20% this year proving effeciency and its average carrat minned uo 18% with slowly rising production and a m cap at a 39% discount to its fixed assets alone and a return to profitability i'm sure this company is on a ludicrously low valuation and I have mentioned this to management in hope of a response to which that simply believe it a gem of a share pardon the pun. I see this at 100p in 2 years time if things are as the managemnt say. |
Posted at 01/1/2011 18:30 by share_shark Excellent post on iii by Adhesive.Mojo, I appreciate Ur angst but explore the possible reasons for no RNS - there may be a holistic RNS where everything is updated or there may be a number of managed newsflow RNS's. It is my view that the absence of RNS's is uncharacteristic of TNZ's established corporate norms for this time of year. I have examined this event and at this point in time, do not attribute it to the appointment of a relatively new CEO. TNZ have been absolutely wonderful in keeping their share holders right up to date with their commercial performance, achievement of strategic goals and explaining to share holders what is going on in or affecting the firm in recent years - for example the BOD has advised us in a timely manner of discussions with the Tanzanian government in relation to local public policy adjustments which will have a material and expectedly positive impact on TNZ's trading potential, going forward. Another example has been the BOD's proactive investigation into the performance of the share price and the apparent availibility of a copious supply of TNZ shares into the market during the year. Their findings revealed that a previous member of the BOD was feeding a circa 14m line (a declarable major interest) of shares into the market without notification to the firm or appropriate statutory/regularory authorities. Now, where did those shares go to? Im sure not all of them were sold into the open market to RI's. Back to the curious absence of RNS's. What could have delayed their release, I wonder. I can only refer to previous experiences which have educated my understandings in such matters and as such the following I must emphasise, is pure speculation. I belive that the BOD and CEO have been preoccupied by the demands of getting the independently determined JORC released in a timely manner. Im certain the BOD/CEO would have been provided with progress updates from the lab/analysis firm and the firm may have received a friendly approach in relation to a JV to exploit the resource. If the terms were suitable the legal heads of agreement for such an arrangement would be time and resource consuming in the extreme, especially for a small quoted firm like TNZ - other items of business would be given a lower priority until the JV heads of agreement are finalised and authenticated and recorded by the respective legal teams. The day to day commercial performance of TNZ would continue unaffected by these developments. It is my firm belief that TNZ will have a stellar 2011. |
Posted at 27/9/2010 22:09 by share_shark CATEGORY: DEALINGS ROUND-UP SECTOR: MINING Shares for Tanzanite One fees Mon 27 Sep 2010 LONDON (SHARECAST) - All five directors of Tanzanite One have taken shares in lieu of directors' fees that they were owed. The directors' fees have not been paid since October 2009. The total unpaid fees to directors and senior management had mounted up to $383,000. The directors' fees were £157,000 of this. The 12p a share purchase price of the shares is the volume weighted average price of the shares over the period that the fees were owed. The shares were trading at over 40p each one year ago. Executive chairman Ami Mpungwe received the most shares, taking his stake to 3.14%, with non-executive deputy chairman Ed Nealon not far behind. Nealon's stake is 2.96%. Tanzanite One has returned to profit and it intends to pay its fees in cash from now on. In the six months to June 2010, revenues grew from $4.91m to $8.55m. A pre-tax loss of $1.33m was turned into a profit of $739,000. There was a small operating cash outflow during the period. The company produced 1m carats of tanzanite stones during the first half. There is a ban on exporting rough tanzanite of more than 5 carats from Tanzania. Tanzanite One is in talks with the Tanzanian government about developing domestic cutting operations. There was a glitch in last Friday's story on the sale of shares in Brooks Macdonald by seven of its directors. The values of each of the share sales was ten times the correct level. The total value of the sales was £2.2m rather than £22m. Top Director Buys Tanzanite One (TNZ) Director name: Mr Ami R Mpungwe Amount purchased: 342,357 @ 12.00p Value: £41,083 Elektron (EKT) Director name: Mr Geoffrey Spink Amount purchased: 125,000 @ 32.00p Value: £40,000 Tanzanite One (TNZ) Director name: Mr Edward F G Nealon Amount purchased: 331,741 @ 12.00p Value: £39,809 Canaccord Financial Inc. (CF.) Director name: Mr Michael Deane Harris Amount purchased: 5,000 @ 641.06p Value: £32,053 Tanzanite One (TNZ) Director name: Mr Nicholas T Sibley Amount purchased: 252,123 @ 12.00p Value: £30,255 Tanzanite One (TNZ) Director name: Dr Bernard Olivier Amount purchased: 212,314 @ 12.00p Value: £25,478 Compass Group (CPG) Director name: Ms Susan Murray Amount purchased: 4,500 @ 544.00p Value: £24,480 Johnson Service Group (JSG) Director name: Mr Paul Moody Amount purchased: 100,000 @ 20.12p Value: £20,120 Tanzanite One (TNZ) Director name: Mr Ryke Zane Swanepoel Amount purchased: 97,909 @ 12.00p Value: £11,749 Top Director Sells Jardine Matheson (Singapore) (JAR) Director name: Mr Peter James Holland Riley Amount sold: 50,000 @ $45.83 Value: $2,291,430 |
Posted at 25/9/2010 10:42 by n0rbie Excellent post from iii:"Great long term buy" I first got into TNZ at 17p and have averaged down to 13p. The shares are currently very cheap being depressed by a number of factors; 1. Tanzanian gem export ban. 2. Loss making. 3. Concerns over remaining high gems in the ground. To the contrary I see the export ban as positive for the company longer term. If this is managed properly TNZ may well become a winner in the Tanzanian Gem cutting industry as well and that will improve margins and profitability. What is needed is a pragmatic approach and partnership with the government. if quality gem cutting could be done in India then it can also be done in Africa, what it needs is commitment, training and investment. As regards the losses we are well over the worst. Gem prices are picking up. It will not happen over night but demand for gems will return and the wild card is to increase business in China / India in order to deiversify from the US economy. I do not see the lower qiuality gems now being put on the market as a deterioration of resource. This looks like a smart move to build the market for lower grade gems at a time when people are very price sensitive. When the higher quality, higher priced gems are again offered to the marjet when prices improve sufficiently, this should have an immediate impact on the bottom line. In addition we have Tsavorite. This is an unknown at the moment but the risk/reward is clearly on the upside. Current share price is factoring in zero for Tsavorite so if there is a resource there, even a small one, it will add significantly to the shares. Note unrealistic to see a 1 year forward profit target of £3 million which to me on a multiple of 10 would support a £30 million market cap, being 3 times current value (with more upside going further forward). Any positive news on Tsavorite will add to this. For me the minimum exit price is 40p. I do forget I own shares in TNZ many times, but I think this is what investing in this company needs. BR Max |
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