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4.9¢ tiger resources limited

Hi MS, that was probably truth at the time of the reporting...

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Civarow

1,232 Posts.

40

02/08/17

13:48

Post #: 26240949
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Originally posted by MagicSeven ↑

And for all dreamers..

This is what tgs have written in their q2.17 report about payments to the lenders (including interests!!!) although we have current high copper prices!!! A blame and a shame!!!:

"The Company is not currently generating sufficient cash from the Kipoi operation to meet its commitments to the senior lending group."

And an insurance claim???
Where is the legal claim against the subcontractor who have made this awful plant design???

Tgs is just doing what they shouldn't - that's why this is a horrible fairy tale!!! The management is sitting on their seats and get big fat salaries while they are bleeding out their investors and lenders till the f..k has an end!!!

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Hi MS, that was probably truth at the time of the reporting period when PoC was lower, going forward on the back of the bounce, things could be much different and hopefully brighter as PoC continues or sustain at the current level. High tight will lift all boats so they said. civaro

TGS Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
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