ATM,@4.9c, people must be reading administration into this, with Gerald offtake still applicable, bad debt profile, cashflow negative, POC etc. A major problem is most have no faith in a.timing of debt transfer, b.power grid change?(i.e can they deliver by May 2015), c. whether they can deliver a cash flow positive quarter SOON! In other words the capacity/ability of management! We all knew we needed a better quarterly, and the guidance of $21 mill bank, with $25 mill outflow seems to be the final straw. Now it looks like Apocalypse Now 2. Sad! Hope is all that is left.
TGS Price at posting:
3.7¢ Sentiment: None Disclosure: Held