Tanzanite One is the sole miner of Tanzanite - the newest (blue/violet) gemstone discovery. The only known source is in Tanzania and Tiffany & Co have described this "gem" as the most significant find in 200 years. TNZ is already profitable and this could be set to have an excellent 2006.

Agreed, I like TNZ but what annoys me is the spread, it really is OTT

That is a bug bear but hopefully with a few fold increase it won't be so painful! It will be interesting to see how they market this during 2006 so that there is greater awareness.

Picking up nicely today - next ride higher?

Up another 4% today, more buys coming in as word starts to get out.

Up another 4% today, more buys coming in as word starts to get out.

What word or ''news'' may i ask?

Picked up a few at 159p

Looks very interesting.

I'm rather hoping that before too long this gets a US listing.

I rather like this pic from their website. This is the largest whole piece find to date


http://www.tanzaniteone.com/images/largest-tanzanite-piece.jpg

hlyeo98 - as word gets out - I was meaning there's a general unwareness of this gem, particularly in Europe. I read somewhere that 30% of US population has now heard of Tanzanite - spurred on by celebs at premiers wearing the stuff on loan. Tanzanite One are marketing this in the same way DeBeers marketed diamonds.

MI rates this as a potential multi-bagger. Still only one broker covering the stock as far as I know! A good one for the bottom draw IMHO.

rgrds
gk

Thanks gallick- will have to subscribe if they're following this. Looks a corker to me.

Another nice pick-up today on no apparent news....

Excellent news just out - looks like there is significantly more Tanzanite than first believed....

RNS Number:0184Y
Tanzanite One Limited
07 February 2006


Tanzanite One Limited

AIM: TNZ

TANZANITEONE RELEASES DRILLING UPDATE

TanzaniteOne, the vertically integrated tanzanite mining and marketing group,
today releases an update with regards to its recent drilling programme.
TanzaniteOne has been undertaking exploration activities on a number of fronts
at its mine in Merelani, Tanzania over the last three months. The objective of
the programme was to test the presence of mineralisation at extensively greater
depths than the current known ore body.

The drilling programme shows that the Lower Horizon, which hosts the economic
mineralisation, has been intersected at depths twice those previously known.
This suggests that the inferred resource and therefore the life of the mine at
current production rates may be significantly increased.

The Directors of TanzaniteOne believe that this potential increase in economic
mineralisation supports its innovative marketing strategy, Be Born to Tanzanite,
which positions tanzanite as 'the' birth stone and positions it with celebrating
the birth of a child.

Ian Harebottle, Chief Operating Officer of TanzaniteOne, commented on these
results as follows:

"Whilst we were always confident of the highly prospective nature of the
Merelani mine, these results show that the economic potential is far higher than
our exploration programme had identified 12 months ago. As a result, tied in
with our expanded marketing programme to the US and Europe, we believe that
increased throughput at the mine will result in future revenue growth beyond
that announced to the market earlier."

For further information regarding this announcement, please contact:

Tanzanite One SA Limited

Ian Harebottle, Chief Operating Officer
Renata da Silva, Corporate Affairs
+27 84 601 5557

Conduit PR

Leesa Peters
+44 781 215 9885

Up about 15% now. This still looks seriously undervalued to me.

Well Done Greyhound! :>)
I didn't buy due to the spread, but you believed in it and it has come good for you, it's always great to see success on the BB
:>)

Greyhound

Well done and thanks. I would never have been aware of the Company without your starting this thread.

Top man.

stockbunny/ianayel - no worries. Stockbunny - not too late when you see it coming back a bit (like it is already). I think this should be heading to 3 before too long. On a low pe, I think this is considerably undervalued. I would really like to see this get a US listing now as that's going to provide good momentum and increase awareness - in which case we could be in for a multi-bagger here. Now it looks like the "find" is significant, the RNS already starts to talk about marketing this as the "birth stone" and if the DeBeers model works for Tanzanite, then we're in for a fun future. Considerably small volume today just goes to show this is still an unknown out there with few following. Good luck!

http://www.minesite.com/storyFull5.php?storySeq=3299

The above article is a "must read". Unable to post article for copyright reasons. Very informative indeed.

Just on an awareness note, Tom Cruise planning to give his wife Tanzanite on the imminent birth of their child. Might get publicity in the glossy mags! This was from the latest update in Momentum Investor, rating this a buy.

Tom Cruise planning to give his wife Tanzanite on the imminent birth of their child. Might get publicity in the glossy mags!

Good news for the shares but don't Hollywood superstars believe in surprises or is every event a publicity stunt !!

;o)

How naive!! yes, of course it's all publicity driven. I hope he's bought it and it's not been given to him - imagine that, she'd throw it back at him. ;)

Tipped in Investors Chronicle today (I believe) - not seen the article yet.

Steadily higher today on increasing awareness and investor appreciation that the April figures are likely to be good.

Up another 5% today. With the latest discovery I'm getting the feeling that this is still dirt cheap and looking more and more like a multi-bagger to me.

Greyhound
You are THE MAN
Congratulations and thanks (also from my bank manager !!!)

Just raising awareness!! Something looks to be going on, now up 10% today. Don't forget it can go down too and that could be the next move. I'm hoping to hold for 2 years, then qualifying for "business assets" best tax advantage. By then the price could be nearer to 10. (That price is not based on any analysis just picked a number out of the blue.) Take some profit if you wish. Perhaps this is only now hitting the screens of some private investors/funds. Next year's profits could well be significantly higher.

And all the way back down now!

Greyhound
Sound advice.
Indeed I sold half to bank a 30% profit but the other half will be running for quite a while yet.
In case you feel like a slight diversification I used the money to top up on FPA !!
Thanks again

It looks as though some of the more savvy investors have taken profits today (whilst some of the slower Investors chronicle readers are still getting in !!!).
More by luck than judgement I managed to sell for 265.25 but, at this rate, i might just buy them back later !!!!!

It's all good fun.

So it's you causing the wobbles ;) Have been watching Fireone - thanks.

Another cracking rise on this today and I don't really believe that the institutions that are probably watching this have got in yet; but I'm sure it's on their radar.

Oh no Greyhound !!!!!!!!!!!!!

I sold too soon (although never any harm in banking a good profit and I still have half the holding left which are now most definately not going anywhere for quite a while !!)

;o)

No harm in realised profit but I'm holding tight; I see TNZ substanially higher in 12/24 months.

I've been away for a couple of weeks and see there's been some profit taking on this one. Not surprising looking at the rapid rise, however I note that Small Company Share Watch had an interesting write up. They mention there could be a Nasdaq listing this year which could see the price considerably higher. This would be excellent news as I've long thought this would be needed at some point to increase investor awareness.

After the recent profit taking we're back on the rise with a current 9% gain today and looks as though we'll shortly be back to the high. With results only a few weeks away ( which should so considerable gains in profit) and maybe news on a Nasdaq listing before too long, I expect to see this heading rapidly over 300p before long.

Excellent results with net income more than doubling. I would expect to upgrades before long - looking cheap again to my mind.

I am a TNZ shareholder (bought in at an average of 88p in late July/early August 05) and in general have been very positive about this share for many reasons. However I noticed that the TNZ price fell around 10% following the relase of the final 2005 report, although I did notice it generally seemed to be small sellers rather than bigger (institional?) sellers, and overall volumes in recent days have been below recent averages. However Greyhound, you indicated that latest 05 results show net income more than doubling. I think that is overstating things as you must remember that the 2004 results were only for 7 months and not a full year and therefore not directly comparable. When looked at a per month basis the increase over the year is not so big, but never the less a creditable increase of 29.23% over the year. However for me a disapointing trend in the recent figures was that (after subtracting the first 6 months from the year total) profit before tax for the last 6 months of 2005 was down quite substantially compared to first 6 months of the year ($2.570m vs $7.202m). Profit before tax as a percentage of revenue fell from 40.14% to 21.06% in the second half of 2005. EPS in the second half of 2005 was less than half that of the second half of 2004, but this in part will be due to the higher taxes due in 2005 because of big sales in first half of 2005 compared to only one month trading in first half of 2004. The 2005 report explains this drop in earnings in second half of year was in part due to not finding as many quality gems in the second half of the year which resulted in one less sale to sightholders than originally planned. I assume that variable quality will be a fact of life in this business (and so not so relevant to those with a longer term Buffetesque view). Perhaps the planned increase in mining capacity planned may reduce this problem?. Also I think the share may have been sold by some on the news of the stepping down of the CEO and founder of the business Mike Nunn. Anyone know anything about this? I am pleased to see he will still be a consultant to the business. Has he been head-hunted by a bigger company? Certainly many things look favourable in the medium term. The in-house broker and one covering broker both predict substantially increased profits for the next two years. The vertically integrated nature of the business and marketing drive coupled with rising price for Tanzanite are all very positive as is the substantially increased dividend being paid and minimal debt of the company. Anyone else got any comments on the recent 2005 report and future projections? Despite some disappointments in the recent report there are still many positives and I'm holding my shares.

Pars, fair comments. I've been re-checking data on Bloomberg and they are quoting net income to $9.8m, or 13 cents a share, in year ended 31/12, from $4.4m or 8.3 cents a share in 2004.

I think the point you raise about the departure of Mike Nunn is indeed a factor. He has a lot of followers from his days at Acquarius Platinum (where he oversaw a 400/500% increase roughly).

That said, I do think the recent sell-off is overdone and a lot of it did look like smaller private investors. I'm hoping the $5m marketing spend will be worthwhile in order to promote more awareness, however I can't help thinking that they need to get a Nasdaq listing off the ground as I'd have thought this would have a significant positive impact.

In for at least a couple of years (is my current view).

Greyhound - Couple of slightly bigger sell offs today (80th and 25th) but still seems to be primarily smaller private investors. As stated above the $4.4m net profit in 2004 was for 7 months compared to 12 for 2005. Net profits in report $9.772m for 2005 (12 mths) and $4.411m for 2004 (7 mths). I'm like you and in for the longer haul unless there are fundamental changes to the business. If the predicted increases in EPS take place then hopefully we will se a significant rise in the share price over the next few years. Do you know any more about the possible Nasdaq listing? Are they looking to raise additional funds to pay for expansion of the mine's productivity?

Don't know anything more about possible Nasdaq listing though I'm tempted to make myself known to the Investor Relations team and do a little more delving. Not sure whether additional fund raising would be necessary at this stage and similarly I'm not sure of the implied cost of mining at twice the depth. More research required!

On the glossy side of things, I do know Tom Cruise and Katie Holmes are expecting their child this week, but don't know if it's all rumours that he'll be giving a Tanzanite ring. So much for the element of surprise!!

If Tom Cruise doesn't come up with a Tanzanite ring for Katie, TZO will drop further...down 6p to 201p now.

Belw average volumes today with about as many sales as buys so far; so could the continued decline today be market maker driven? The next 6 monthly results willl be a very important indicator and give a better idea of longer term value. We can always expect "Mr Market" to over-react in the short term to bad news.

Will be interesting to see either the current or next edition of Investors Chronicle as I believe they've been a strong advocate of TNZ since the early days.

Where is Tom Cruise? TNZ is down to 186p now!

172p now...what is causing the drop?

Been generally thin trade over last few days with losts of small trades. So could just be Mr Market and small investors in particular over-reacting in the short term to the combined worse than expected second half of the year results (forgetting very good first half of the year results and good future prospects for growth) and to the change in CEO and getting caught up in following the momentum down. Mike Nunn (departing CEO) is clearly an excellent businessman, and so his stepping down is unfortunate - but I see he will continue to act as a consultant to T1 and he still has a sizeable shareholding in the company which is good. Taking a Buffet style view, short term movements whether up or down are often irrational and unpredictable often based more on sentiment and emotion than on rationality. Ignoring the short term (never easy to watch the share price plummet though!) , in the long term the share price should reflect profitability and success of the company. Therefore if taking a longer term view, as long as fundamentals and future long term prospects remain sound, the price should recover in time. I believe that the quality and amount of gems recovered can reasonably be expected to vary over time (and this appears to have contibuted to poorer second half of the year profits with one less sightholder sale than planned),and this variability will be less of a longer term problem if mining capacity is increased (as is planned) and T1 continues to buy up additional stones from other miners. Could well be that the wee guys who panic and sell now will be the losers in the longer term, and if so then the current price may provide a buying opportunity. On the other hand, if anyone knows of any good reasons that the fundamental longer term prospects for the company should be revised downwards, that would be reason for concern. Will be very interested to see what sort of profits are generated for next 6 months.

As for Tom Cruise - that rumour should not have got out. If he was to be seen to give TNZ now, it might be perceived as tacky comercialism and viewed very cynically by the press. Would be better for this to happen with a celebrity with no prior publicity whatsoever.

Question is are all the sellers in recent days just lemmings all following each other over the cliff, or do they know somehing we don't?

Tanzanite One swings to H1 pretax loss on lower gem quality tanzanite recovered
AFX


LONDON (AFX) - Tanzanite One Ltd swung to a pretax loss for the six months to end June as lower gem quality tanzanite was recovered and mining operations were restricted by un-anticipated national power cuts.

It moved to a pretax loss of 684,593 usd from a profit of 9.0 mln usd in the year-earlier period. Sales fell 27 pct to 16.3 mln usd. It took a 2.8 mln usd provision following the decision to withdraw from the wholesale jewellery business.

It plans to pay an interim dividend of 2 cents, up from 1 cent in 2005.

Chief executive Ian Harebottle said that despite tanzanite gem quality remaining at historical lows, lower cut and polished sales, and the 2.8 mln usd write down, he was encouraged by the results achieved in the group's core mining business.

Cash and cash equivalents at end June were 6.6 mln usd, compared with 5.1 mln in 2005.

The company is increasing its presence in Tanzania.

Will Tom Cruise buy Kat a tanzanite wedding ring?

wedding rings are plain gold .... that said, tanzanite is truly beautiful stone, so watch out for it as it is pretty rare and I think there is just the one source (unlike diamonds) ....but don't rush to buy shares .. lol!

remember Shares ramping this one , bit of a shock when i saw the sp.

Also, IC several times giving BUY around the 200p level but no follow up about the the fall in gem quality. I got out of this well before the current levels but still took quite a sting!

Very bad sting.

Don't know anything about this company, but the drop might be overdone, will have to do some research.

Very bad news for those in this company...75 people feared dead in mining collapse....flooding...check BBC teletext....poor people, condolences to the families of the bereaved !.....this stock will be suspended without a doubt....sp will go to the floor when suspension lifted....just when the shares were starting to recover !

There is a possiblity that the mines in question might not be owned by Tanzanite....and might be illegal local ones...we shall see !

If the company has not had any flooding the shares could rise...as there would be a terrible shortage of gemstones....otherwise the sp will crash...whatever the case, time to get down to your local jewellers and snap some blue sparklers up !, luckily I'm not in but could have been !

tanzanite is a wonderfully pretty stone, but because of history and cachet, i am afraid it will never challenge sapphires in value .... if anyone goes to dubai, you will find a lot of tanzanite, often of very good quality, in nearly all the jewellery shops, especially in the gold souk.

Well...monday morning will be interesting...to say the least...those with a heavy cfd or spreadbet on this company going long....could be ouch ! time.

Required field,

Is it definately Tanzanite's One'smine?

I'm not 100% sure Andy but it could be...or the illegal mines that might be around TZM's main mine.....there should be an RNS at 7 AM tomorrow morning !

http://www.ippmedia.com/ipp/observer/2008/03/30/111378.html

The above article says 4 bodies recovered have been identified as employees of Tanzanite One

What no RNS ?

Well...if this is not suspended...time to bail out quicko !....looks like a clear short to me !

are you a really nervous guy, required field?

started reading your comments.....i think you had 3 messages by yourself at 1 point.......look mate, tanzania has a history of bad accidents or floods.....2002 and 1998 i think spring to mind.
i dont want to sound harsh but life is cheap in a lot of countries in the world like africa, eastern europe etc........i think tanzania average man lives till he is 51.

you use harsh language like "will" be suspended.....then say it might not be their mines.
as i say, calm down mate.

dont put your name down for PM as we have disasters and crisis every day in UK with numpty brown and co

I'm just warning people to the hazards of remaining in this stock...75 or so people killed is no joke....a normal company would have suspended their stock straight away...looks like this one has not....!

i'm sure they had 200 people killed there in the past.

there is no guarantee its 75 anyway, they only counted 6 dead i think. as i say, its in africa so life is cheap

ALL oil / gas and mining is hazardous!!!! if thats the case, dont put money on them if ......i actually am a safety guy.....but sounds as though u should be!!

scot,

Well it certainly sounds if you aren't bothered by this tragedy, but I think the market will react badly, IF its confirmed it's TZN's mine (and i think it may be) if only because production will clearly be impacted.

it happens that don't think this is a good stock to buy regardless of any accident, but for sure, if an accident involving several deaths at TZN's mine is confirmed, then sp is not going to rise! ...... i dare say even a certain jaundiced poster here would manage to agree with that .... i guess one can be both jaundiced and woad-enhanced!

ah yes.....production is a different matter.

tanzanite though has many mines though.......and if 1 of their mines is affected, if its flooded etc then they have past experience of dealing with it.
sp may fall a little but dont think its as bad as required field makes out with his hysteria......certainly wouldnt like him involved in a war, lol.

its only worth about 40 million as it is.....as i say, it may fall a little but not much as its gone down from well over 2 down to 40p........if if falls much more it will be bankrupt......just like most companies by look of stock market last few months!

beware : stock market to fall much more this year!!!

for once, i think i actually agree re stock market general direction, though there will assuredly be sharp rallies even if the that is proven to be so ..... in fact, market is looking surprisingly resilient today, so took my modest profit on both Dow and FTSE shorts and have opened a small Dow long

required field.....RNS is out.......everything is fine as no production has stopped!!

Tanzanite One says flooding at Merelani area; sees no impact on production
AFX


LONDON (Thomson Financial) - Tanzanite One Ltd. said it sees no impact on production after heavy rains caused flash flooding at the Merelani areas in northern Tanzania.

The company said production continued at its other three production shafts viz CT shaft, Main shaft and Delta shaft.


you can now stop worrying required field.....also some decent buys before RNS

Well...they took their time over releasing the RNS, but buying into this stock...no way !.....you will have mine inspectors all over the place....wanting new security upgrades etc....the stock might not drop straight away...but it will do when costs come in !...I'm pleased about minimal loss of life and wish the mine : all the best, but investing into it now ?, you have got to be joking !

PS.. war what war....?

Not much news....in fact none....but sp starting to slip !.

This stuff was all over the shopping channels last night (not that I watch them of course... hit the wrong button by mistake... honest..)

They said "This is not just tanzanite, its 'Tanzanite One' tanzanite"....

I'm not convinced this is a good business because the product is unexciting - selling on a TV sales channel is desperation for something "valuable" IMHO. However, the flooding of the mine (march08) cannot be blamed on the company (as an observation only) since mines are notoriously difficult to fathom.
What's odd is the corrected RNS (Director shareholding) which is only 11k-worth.
-
Any holders give an alternative view?
EDIT-(Jy2010)- seems not. However I note that in June an RNS explained the T.Government has stoppped the Export of larger stones, unless they are fined by native workers - seems reasonable to me IF they have the skills - but sp is abt. 6p

TNZ reports a return to profit.
Share price starting to recover, now at 12p

though tanzanite is produced by one mine only and has limited reserves, its value is also severely limited ..... it is certainly a very pretty stone, though from what i have seen in dubai, very rarely flawless, but it has "dress jewelry" appeal only and assuredly no cachet

TNZ.... check the broker note out, potential bagger here.

http://www.miningmaven.com/k2/news/blog/tanzanite-onea-hidden-beauty/

sticky - there have to be better mining stocks than this one - see also my post 82

Yes ,Kibo

off topic , cynic are video cameras cheaper at Dubiu duty free then in the Philippines , my wife thinks they are cheaper in the UK, i told her VAT is 20% don't know were she got that idea from?

dubai isn't particularly cheap for anything though it is of course duty free ...... don't know about philippines, but places like s'pore and of course hk are usually the best, and usa is also often very cheap for electronics and similar

TNZ bagger broker note..... #ADVFN $TNZ http://t.co/5mfbZel