TGS 0.00% 4.9¢ tiger resources limited

1600t cathode copper at end of quarter is not recorded

  1. 13,783 Posts.
    1600t cathode copper at end of quarter is not recorded as a sale until it crosses border -
    that is about US$11M value missing from Sep Q figures

    that's where you get the loss .. timing of cash receipts from sales..will show up in next Q released as a boost to sales + cashflows

    when mr market works it out .. TGS will bottom and run up to the Dec Q release knowing its sales + cashflows will be looking better by then.
 
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Currently unlisted public company.

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