Tanzanite Share Discussion Threads

[horndean eagle] 25/7/2011 09:09

They should sell out to GEM. GEM have done an excellent job marketing emeralds. No doubt they could do something similar with Tanzanite.

[monis] 25/7/2011 08:34

Excellent figures released today... imo dyor.

[binladin] 22/7/2011 15:55

Company just changing new and your sharholding stays the same.
Seems undervalued and this could be bottom picking...........

[binladin] 22/7/2011 15:55

Company just changing new and your sharholding stays the same.
Seems undervalued and this could be bottom picking...........

[buywell2] 22/7/2011 08:01

Lesson to be learned here is stick to GOLD methinks

[giant steps] 22/7/2011 07:55

Reference to TNZ at 9p and reminder of bid at 42.75p in 2008


Reminder 20th July 2011

[binladin] 21/7/2011 08:29

Most investors have their self interest but common sense should prevail.......this is ready for a bounce............

[binladin] 20/7/2011 09:20

The price of Tanzanite is high and as the biggest player it could be bought out by a chinese company,the polishing part makes sense because it creates jobs in Tanzania and then sold through legal channels.
I see this as the bottom and a huge upside potential after the AGM.

[zaksab] 17/7/2011 13:56

The company also missed XCAP's numbers for 2010 massively. Which seems strange given that the note was published in March of this year and that the note states that it had been seen by the company prior to publication.

[zaksab] 17/7/2011 13:46

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.

[giant steps] 17/7/2011 12:28

Seems like a valid claim and aspiration.

Tanzanite one certainly appears unloved and ignored by the market.

Significantly undervalued and on the XCAP radar for target price 50p
(not to be ignored)

To think in 2008 the board fought off a 45p bid!

[zaksab] 16/7/2011 21:14

Slightly patronising?

[giant steps] 16/7/2011 21:09

Reminder of 2011 strategy

"
TanzaniteOne is the largest and most scientifically
advanced miner and supplier of Tanzanite in the
world. This unique position allows the opportunity
to support and influence the entire mine to market
process, ensuring that maximum stakeholder
value is achieved at each stage of the process.
As a world leader in the mining and marketing of
coloured gemstones, TanzaniteOne is also using
its mine-to-market knowledge of the coloured
gemstone industry to actively diversify into other
coloured gemstone mining and marketing projects
in order to become the world's leading premium
coloured gemstone mining company. "

[zaksab] 16/7/2011 19:58

This is a quote from the chairman when rebuffing the Gemfields attempted takeover in 2008. They clearly dont want to be beneficiating the product.



"Corporate Strategy: Gemfields strategy of seeking to manage the entire supply chain from extraction to polishing and distribution involves Gemfields in multiple disciplines. TanzaniteOne has had direct experience of this strategy and does not endorse a return to it"

[zaksab] 16/7/2011 13:48

Sure, tanzanite prices may be recovering but they are a fraction of where they were in 2005 whereas diamond prices are higher over this period. The fact that they are diversifiyng and, most tellingly, are changing their name, tells you where they think the future is. A sub 2% RoE does not please them - i sense they are genuinely focused on value creation.

[giant steps] 16/7/2011 13:34

zaksab, pricing looks quite firm
- guess sales update in next few days will confirm this

Reminder

"Gemstones like Tanzanite and Rubelite have also witnessed
an astounding demand in the Chinese market"

from June 2011 HK Show: Its definately China calling.

[zaksab] 16/7/2011 13:22

As an aside, they clearly want to distance themselves from tanzanite as much as possible. THink this is because prices are a lot lower than they used to be. Also the governments recent ban on export dopesnt look helpful - not sure how much margin they can make on cutting and polishing.

[giant steps] 16/7/2011 12:42

Reminder

"
26.3 Legal contingencies
The group was a defendant against various legal cases instituted by former
employees and other third parties with claims amounting to US $53 million.
The company has provided for US $0.04 million on recommendation of legal
advisor. In the opinion of the Directors and Company's legal counsel, no
additional material liabilities are expected to crystallise from the above
over and above what has been provided for.
"

[zaksab] 16/7/2011 12:33

Check out note 26 to the recent accounts. They have legal claims against them for $53m. They have not made a provision so the auditors PwC ,who have given them an unqualified opinon, are obviously satisfied that this is appropriate.

[binladin] 13/7/2011 07:52

It is not in the interest of any government to tax so high so that the business is not feasible.......and it will lead to business closure and unemployment...so this super tax could be levied on companies that are making say above 10million in profit or very profitable companies...........not something tanzanties size.....and its holding in bermuda could make it taxfree....
Also the recent turbulence in the market could allow them to negotiage a better price for the austrailan business or go for no deal...........

[giant steps] 12/7/2011 15:24

I agree. Sales update soon ?

[nick rubens] 12/7/2011 13:58

GS I think they are priced in the fall of late. Super Tax can be negotiated though the uncertainty is not helping and not sure just how much the Tanzanian Govmt are thinking of grabbing in Tax above the usual rate.

[giant steps] 12/7/2011 10:03

What about export restrictions and super tax ?

[binladin] 12/7/2011 09:42

They have the biggest Tanzanite mine in the world........