TGS 0.00% 4.9¢ tiger resources limited

Ann: June 2017 Quarterly Activities Report, page-9

  1. 2,420 Posts.
    The huge debt taken on is simply too crippling to escape from by the looks , dosen't seem to be anything mgmt can do to alleviate this now, even a days rain or a hiccup in the plant puts this even further into the mire even with the recent part recovery in CU prices.
    I lost an absolute packet on this one.
    Can't see this one managing to go on for much longer without some drastic actions to save it-ie-huge dilution before a nasty recap???.
 
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