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lol No porches yet 
, but I do own an M3
, but I do own an M3 
TZN - Terramin Australia
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Also chaps if your interested, take a look at JML thread,
with zinc cash costs of 10c per lb, it could be huge!
Unhedged, completely funded, 33% owned by CSM, and OXR needs its product ore to blend with its, take over battle did you say?
with zinc cash costs of 10c per lb, it could be huge!
Unhedged, completely funded, 33% owned by CSM, and OXR needs its product ore to blend with its, take over battle did you say?
YOUNG_TRADER said:lol No porches yet
E36 or E46 M3?
definately something I'd like to upgrade to over my 318is sometime in the future!
Not in on TZN yet but are in on AIM, CBH, JML, PDN and MTN, so with any luck it will be sooner rather than later!
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E36, got it last year, twas either blow alot of my cash on a car ie E46 or a Porsche Carrera,
or keep money in the stock market, buy a property and get the E36,
Chose the latter and at 22 I sleep well at night knowing I did, though the way my portfolio is performing currently, I may be upgrading a lot sooner than I would have thought
or keep money in the stock market, buy a property and get the E36,
Chose the latter and at 22 I sleep well at night knowing I did, though the way my portfolio is performing currently, I may be upgrading a lot sooner than I would have thought
michael_selway
Coal & Phosphate, thats it!
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YOUNG_TRADER said:
hehe nice 20s
just wondering what field are u working/studing in atm (if you dont mind saying)?
thx
MS
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Peeps, was just taking another proper look at TZN,
I may have really undervalued its 2nd project with ZFX its Menninnie Project, TZN 80% ZFX 20% (with a ZFX option to increase to 70% thus TZN decrease to 30%)
Check the uploaded ann, but this project could be a wild card for TZN, it could also be the additional sweetner for ZFX to do a t/o of TZN once Angas is up and running,
Project 3 (Oued Amizour 30Mt @ 5.5% Zn + 1.4% Pb) has significant upside but is at least 18months away
Anyone else have thoughts on this second project?
I may have really undervalued its 2nd project with ZFX its Menninnie Project, TZN 80% ZFX 20% (with a ZFX option to increase to 70% thus TZN decrease to 30%)
Check the uploaded ann, but this project could be a wild card for TZN, it could also be the additional sweetner for ZFX to do a t/o of TZN once Angas is up and running,
Project 3 (Oued Amizour 30Mt @ 5.5% Zn + 1.4% Pb) has significant upside but is at least 18months away
Anyone else have thoughts on this second project?
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Strong continued support is pushing it to new record highs!
michael_selway
Coal & Phosphate, thats it!
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YOUNG_TRADER said:
Carzy stuff!
Btw do u think ZFX will take over?
thx
MS
michael_selway
Coal & Phosphate, thats it!
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kitehigh said:After doing a bit of research I got into this company at 93 cents a couple of weeks ago and it has just exploded in the last two days.
Thanks to all who posted links and information about this company and zinc in general.
Cheers
Andrew
hopefully ZFX will take over it, will benefit both
TZN needs to get into production ASAP to rake in the cashflows, high prices wont last forever
thx
MS
michael_selway
Coal & Phosphate, thats it!
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nizar said:MS - u must be happy with ZFX performance today
hehe actually i also have PEM from a month ago
I think im going to get the whole set soon, mark my words. I might not add more money (too risky maybe), but sell all other non zinc stocks I have and dump them all in the below, take a number...
Zinc Majors: ZFX, PEM, KZL, TZN, CBH
Zinc Minors: HER, AIM, JML, INL, UCL
Beggining of the end hasnt even come for Zinc yet imo...
Who knows how high zinc prices can go and for how long (when LME supplies reach 0 by year end)
ZFX - Earnings and Dividends Forecast (cents per share)
2005 2006 2007 2008
EPS 35.9 154.7 192.1 143.0
DPS 4.0 36.0 51.8 29.0
michael_selway
Coal & Phosphate, thats it!
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nizar said:
Yeah i saw that as well
Earnings and Dividends Forecast (cents per share)
2005 2006 2007 2008
EPS 1.4 -2.3 9.8 9.5
DPS 1.0 0.0 1.0 1.0
However that 2006 forecast has really hurt them (production problem), but 2007 and 2008 if all goes to plan, yeah then its good
Also OXR produced alot of zinc in their latest quarter!
thx
MS
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Oxiana fails to scare off metals bulls
Mandi Zonneveldt
20apr06
DISAPPOINTING production at Oxiana's flagship mine could not stop the company's shares smashing through $3 for the first time yesterday, highlighting the power of booming metals prices.
The Melbourne-based miner has added more than $1 to its share price since January as copper, gold, silver and zinc prices have soared.
In the three months to March, Oxiana produced 20 per cent less gold at its Sepon mine in Laos than in the December quarter. Copper production was also down slightly.
The company cut its annual forecast for gold production at Sepon by about 15 per cent to 170,000 ounces.
But record production at the recently acquired Golden Grove mine in Western Australia and the company's unhedged exposure to soaring metals prices pushed its shares up more than 7 per cent to $3.07.
Fat Prophets senior resources analyst Gavin Wendt said Oxiana was in a unique position to cash in on the metals mania.
Gold climbed again yesterday, to $US623.22 an ounce. The price of gold has risen almost 12 per cent in the past 30 days alone.
Copper and zinc both rose to record levels on the London Metals Exchange, while silver made further gains yesterday and platinum held steady at $US1105 an ounce.
"Oxiana is in the fortunate position of having all of its commodities at record levels," Mr Wendt said.
He said other companies well-placed to take advantage of the boom were unhedged producers such as Zinifex, whose shares rose almost 11 per cent yesterday to $11.30, and Kagara Zinc.
Emerging producers were also in line to benefit, he said, highlighting zinc plays Terramin and Jabiru Metals and platinum hopeful Platinum Australia.
National Australia Bank minerals and energy economist Gerard Burg said the bank was reassessing its gold and base metals forecasts after the stellar rises so far this year.
He predicted zinc would be the standout performer for 2006, with copper not far behind.
Mr Burg said labour disputes, particularly in South America, would put pressure on already tight supplies this year.
"That could add some volatility to prices," he said.
Oxiana managing director Owen Hegarty predicted that metals prices would remain strong.
"In terms of both zinc and copper, you have a very strong demand profile . . . and a subdued supply profile," he said.
"People are trying to get projects to the market but, first of all, there's not many of them, and secondly everybody's scrambling at the moment with higher costs and availability of gear."
He said there was no doubt gold would hold up at its current level.
"It wouldn't surprise if it smashed through its previous record of the early $US800s," he said.
Oxiana plans to bring its third mine -- the Prominent Hill gold and copper mine -- into production by 2008, with work to start later this year.
Mandi Zonneveldt
20apr06
DISAPPOINTING production at Oxiana's flagship mine could not stop the company's shares smashing through $3 for the first time yesterday, highlighting the power of booming metals prices.
The Melbourne-based miner has added more than $1 to its share price since January as copper, gold, silver and zinc prices have soared.
In the three months to March, Oxiana produced 20 per cent less gold at its Sepon mine in Laos than in the December quarter. Copper production was also down slightly.
The company cut its annual forecast for gold production at Sepon by about 15 per cent to 170,000 ounces.
But record production at the recently acquired Golden Grove mine in Western Australia and the company's unhedged exposure to soaring metals prices pushed its shares up more than 7 per cent to $3.07.
Fat Prophets senior resources analyst Gavin Wendt said Oxiana was in a unique position to cash in on the metals mania.
Gold climbed again yesterday, to $US623.22 an ounce. The price of gold has risen almost 12 per cent in the past 30 days alone.
Copper and zinc both rose to record levels on the London Metals Exchange, while silver made further gains yesterday and platinum held steady at $US1105 an ounce.
"Oxiana is in the fortunate position of having all of its commodities at record levels," Mr Wendt said.
He said other companies well-placed to take advantage of the boom were unhedged producers such as Zinifex, whose shares rose almost 11 per cent yesterday to $11.30, and Kagara Zinc.
Emerging producers were also in line to benefit, he said, highlighting zinc plays Terramin and Jabiru Metals and platinum hopeful Platinum Australia.
National Australia Bank minerals and energy economist Gerard Burg said the bank was reassessing its gold and base metals forecasts after the stellar rises so far this year.
He predicted zinc would be the standout performer for 2006, with copper not far behind.
Mr Burg said labour disputes, particularly in South America, would put pressure on already tight supplies this year.
"That could add some volatility to prices," he said.
Oxiana managing director Owen Hegarty predicted that metals prices would remain strong.
"In terms of both zinc and copper, you have a very strong demand profile . . . and a subdued supply profile," he said.
"People are trying to get projects to the market but, first of all, there's not many of them, and secondly everybody's scrambling at the moment with higher costs and availability of gear."
He said there was no doubt gold would hold up at its current level.
"It wouldn't surprise if it smashed through its previous record of the early $US800s," he said.
Oxiana plans to bring its third mine -- the Prominent Hill gold and copper mine -- into production by 2008, with work to start later this year.
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Stock looks to have support @ $1.20 and should move up to $1.60+ once feasibility results are released,
But what impresses me the most is this second project of theirs, the Mennine Zinc Project JV with ZFX, the more I read up on it, the more I see the phrases "Mennine, ranks as the largest known lead-zinc and silver deposit in South Australia"
I have read this a few times, but if its so big why no JORC yet?
Anyone know anything about this Mennine deposit?
But what impresses me the most is this second project of theirs, the Mennine Zinc Project JV with ZFX, the more I read up on it, the more I see the phrases "Mennine, ranks as the largest known lead-zinc and silver deposit in South Australia"
I have read this a few times, but if its so big why no JORC yet?
Anyone know anything about this Mennine deposit?
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ALAN KOHLER: Can you see possible takeovers as well as developing mines?
GREIG GAILEY, CEO, ZINIFEX: Acquisitions are something that are clearly of interest to us, there's no doubt about that. If we could find an acquisition at the right price which added value we'd be very happy to do that. And I have no doubt that just as many merchant banks pass through my office proffering companies to me, they pass through other people's offices proffering my company to them.
Hmmm find an acquisition at the right price that would add value? Is a big vulture circling above TZN?
I doubt it for now, but is interesting that this could really develop into a possibility in the not to distant future
GREIG GAILEY, CEO, ZINIFEX: Acquisitions are something that are clearly of interest to us, there's no doubt about that. If we could find an acquisition at the right price which added value we'd be very happy to do that. And I have no doubt that just as many merchant banks pass through my office proffering companies to me, they pass through other people's offices proffering my company to them.
Hmmm find an acquisition at the right price that would add value? Is a big vulture circling above TZN?
I doubt it for now, but is interesting that this could really develop into a possibility in the not to distant future
YOUNG_TRADER said:
YT
Big mining companies are looking for bolt-on acquisitions, because of high commodity prices, if they produce new mines it will take years to develop, so its much easier for them to buy other companies which are already producers thus taking advantage of current spot prices and those in the near-future
Well thats the theory
TZN will not be a producer for some time, so i would think maybe somebody like KZL/PEM/CBH are more likely australian targets for companies like ZFX
Just my thoughts
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