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TGS

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4.9¢ tiger resources limited

8m buy @ the auction, page-48

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RockstarJones

13,716 Posts.

470

31/01/15

17:57

Post #: 14674952

Originally posted by Hotfire ↑

hughjas...I think they have said it all. Imo it is how they say it.

If you were to have done a poll prior to this quarterly release, 95%+ would have expected cash flow positive.

Column 1 Column 2 Column 3 Column 4

1 Estimated cash outflows for next quarter $US’000 Actual

2 Sept Qtr est

3 Exploration and evaluation 500    615

4 Development 16000

5 Production (including royalties and export clearing costs) 26000 38700

6 Administration    3000    1170

7

8 Total 45500 40485

9

10 Tax    8300

11 Deferred payment - Congo Minerals SARL 3000

12 11300

Also a red flag for me what was the planned development of 16mil for and why nothing was spent in the dec qtr? Did the tax and deferred payment to Congo Minerals take precedent?

Expand

These situations are almost always the first step in an ever increasing downward spiral of bad news
sometimes interrupted with the occasional surprise of really crap news.

TGS Price at posting: 4.9¢ Sentiment: None Disclosure: Not Held

3 Upvote

0 Great analysis

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	Column 1	Column 2	Column 4
1	Estimated cash outflows for next quarter	$US’000	Actual
2		Sept Qtr est
3	Exploration and evaluation	500	615
4	Development	16000
5	Production (including royalties and export clearing costs)	26000	38700
6	Administration	3000	1170
7
8	Total	45500	40485
9
10	Tax		8300
11	Deferred payment - Congo Minerals SARL		3000
12			11300

8m buy @ the auction, page-48

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