Tanzanite Share Discussion Threads

[nick rubens] 11/7/2011 14:39

Some biggish buying on the last blip. Must be alot waiting to be invested on the right news. A reassuring/positive RNS will give this 50% instantly just to start with.

[binladin] 11/7/2011 11:08

should go higher from here.......

[brando69] 08/7/2011 12:53

binraider you really do have the kiss of death knack

[binladin] 08/7/2011 12:48

this will move higher tanzanite is more expensive then diamond........

[brando69] 08/7/2011 12:01

doesn't take much of a sell to move this down

[weegeordie] 08/7/2011 11:58

someone wanted out - silly billy.

[nick rubens] 08/7/2011 11:49

Quiet a bit of activity recently. I would think we are bumping along the bottom until the next update which will determine the direction, though downside looks very limited to me. The shares were trading this level during periods of heavy losses and now thats been eliminated.

Last few updates have been excellent so lets hope there is news of a profits upgrade on its way.

[binladin] 08/7/2011 11:49

looking beyond everything.........this is a good punt.......

[giant steps] 08/7/2011 09:04

Can't say i'm a huge fan of the proposed name change to "Richland Resources".

Folk on 3i board discuss capital restructure (consolidation ?)
- i wonder if this is a precursor to funding new projects.

[binladin] 08/7/2011 08:57

from iii bullboy
TNZ 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

[binladin] 07/7/2011 14:30

market cap same as turnover............and its profitable.......

[binladin] 07/7/2011 13:24

this should go to 20p the us markets going higher............

[nick rubens] 07/7/2011 09:30

Bit of buying again. Next RNS coporate update will likely determine what the share price does shorter term at least.

[binladin] 05/7/2011 10:57

Tnz is the only one that has not gone up despite the 5 day rally...should see it go to 12p atleast....

[nick rubens] 04/7/2011 11:29

A bit of buying recently at these lower levels, but I guess any bounce will depend on next update.

[n0rbie] 30/6/2011 22:48

"what happens to the existing share holding if the company changes it name...anyone"

Nothing changes with your shares, business as usual.

[binladin] 30/6/2011 16:05

Its all postive from here this is the botttom......

[binladin] 30/6/2011 15:51

what happens to the existing share holding if the company changes it name...anyone

[nick rubens] 30/6/2011 15:12

Seems to be alot of buying the last few days at 9p level. The sells are actually buys.

[giant steps] 29/6/2011 23:17

29th June 2011 - reminder of likely increased labour costs

[binladin] 29/6/2011 10:50

looks like a buying opportunity..........the above are buys and not sells......
Top quality Tanzanite retails for $500 to $800 per carat, an attractive price ... Tanzanite's beauty and great investment potential are too good to pass up! ...

[nick rubens] 24/6/2011 15:35

I understand the purchase is to be made in a fixed No of shares(13.5% stake in TNZ)and not related to any market value, so it won't make any difference.

It will just increase the share capital (dilute it by 13.5%). I cann't see any synergies where costs can be taken out unless the board of one company resigns.

[marab] 24/6/2011 09:37

zaksab, you weren't a writer on Yes Minister were you? Absolutely agree with you, and we should all try and resist buying more of these until the deal is concluded. Ironic that if people buy now because they think its a good deal they will put the price up making it less of a good deal.

[zaksab] 23/6/2011 23:24

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.

[nick rubens] 23/6/2011 14:03

Looks like some smaller holders throwing in the towel today? Sells?