Tanzanite Share Discussion Threads

[topvest] 01/1/2011 21:12

Interesting. I do think this is poised for a very decent run, with any good news or increased investor interest. There are many far inferior mining companies on much higher valuations. This is profitable and has a world class resource which appears to be holding back the valuation...well, that's mining investors for you! They like blue sky stocks - i.e. companies that will never make a profit, but where you can dream and speculate how much they will be worth at some point in the long term.

[bongo bwana] 01/1/2011 20:17

My word SS, that gives the PI something to think about.

Im holding here.

A JV, on decent terms with a major would send the share price into relative orbit. Longer term, as we know from experience with GEX, JV's can be rather treacherous, especially if the major takes a sizeable interest in the firm in possession of the resource, as part of the JV arrangement.

Lets see.

[share_shark] 01/1/2011 18:30

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.

[n0rbie] 31/12/2010 17:41

jeanesy - most companies wait until the market re-opens in January before any kind of major update - nobody around to see it otherwise.

[jeanesy] 31/12/2010 07:59

Should we not have had an update by today?

[davidwilkin] 28/12/2010 15:50

lol, topvest. Its all these other great stocks on my watch/buylist. i may be back yet, but delighted with my profit, i'd only held since 12th November but it had felt like 6 months (thats the trader in me) its paid for my new panasonic and tv stand lol.

[bongo bwana] 25/12/2010 10:36

Happy Christmas norbs.

[n0rbie] 24/12/2010 16:21

Happy Christmas everyone :-)

[topvest] 23/12/2010 15:30

there's nothing like being a long term investor - lol!

[davidwilkin] 23/12/2010 12:53

i'm out, happy with my 15% return over 6 weeks, the buyers look like they had dried up and 11.75 to 14.66 this week is beyond my expactations and an early xmas present........will watch with interest from the sidelines. GLA

[giant steps] 23/12/2010 11:38

The great thing about TNZ is we don't get huge dilutions, a very
clear business model, profitable and with strengthening balance sheet.

Looks very well positioned for 2011 imo

(no advice intended)

[bongo bwana] 23/12/2010 11:35

That good eh?

Ive been holding 38,000 for a while and looking forward to 2011 with huge optimism, based on research.

[fairdeal2008] 23/12/2010 11:30

Yes but you wouldn't believe me

[you for coffee] 23/12/2010 11:22

Well I got a few of these today, not been in shares for a while so thought I'd dip my toe in. Looks to be plenty of upside, its got sales and some profit, that a good start. Does anyone have a 12 month target?. Thanks

[ch1ck] 22/12/2010 17:38

Looks nice about time

[topvest] 22/12/2010 15:36

At last we are breaking upwards strongly - it's been a long wait. Maybe our time has at last arrived!

[bisiboy] 22/12/2010 14:29

you were right well done i need 30p to breakeven

[brando69] 22/12/2010 10:46

as i said, once it gets moving, it's gonna move quickly

[bongo bwana] 21/12/2010 16:06

Informative 'view' on iii - NOTE 75,000 in various buys since time of.

JORC and related news in the New Year or tomorrow, apparently according to others.

[davidwilkin] 21/12/2010 16:00

should follow through tomorrow ? hopefully get the JORC update tomorrow.

[brando69] 21/12/2010 15:26

here it goes

[davidwilkin] 21/12/2010 13:02

another tick up shortly..........cant even buy 5000 online, but can sell 25000 at 12.1.

[davidwilkin] 21/12/2010 12:53

lol....soon as i slate it for lack of action it moves up, i'm in no doubt at all that its massively undervalued, its just a very slow mover, be nice to get some press coverage. i've put it on my 10 top tips for 2011 sheet.

[brando69] 21/12/2010 12:18

once this gets to 14, then i expect a sharpish rise