From the last announcement from TGS they said DFS by end of November (this week). We already know all the details but this will confirm the world class nature of this project.
i expect that shortly after we may see a financing facility put in place to cover any cashflow shortages in the construction phase. I am sure there would be bankers or investors keen to be involved in that sort of deal. obviously the DRC issues are contonuing to impact share price but as has been said before tgs is nowhere near the conflict and has to be the best value and highest margin copper producer on the ASX...... surely the big guys will want to see stage 2 dfs results before making a move on this. share price defies any logic.
TGS Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held