TGS 0.00% 4.9¢ tiger resources limited

Ann: December 2014 Quarterly Cashflow Report, page-58

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    first broker report out from PSL.

    Revised target 10 cents HOLD

    All in line, however bigger than expected debt draw down and falling POC eroding free cash flow.

    Impact: growing debt, reduced operational cash flow and uncertainty over balance sheet.
 
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Currently unlisted public company.

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