Tiger have 21mill in cash and have another 25mill available in the Tarus facility if needed.
Previous quarter had non reoccurring costs and prepayment of Tax.
Looks like a fund has dumped.
This is still a great project and is running above nameplate - the all in costs are exceptional and forecast to improve further moving to less diesel intensive energy mix. TGS are not going bust were hardly cash flow negative and when they refinance game is back on.
I would be surprised if we don't recover to 7-8 cents by the end of the day - somebody is buying all this stock
TGS Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held