TGS 0.00% 4.9¢ tiger resources limited

Ann: Quarterly Activities Report, page-6

  1. 2,476 Posts.
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    This is actually a very, very positive quarterly report from the mining operations perspective.
    It's at least 3 years too late,. It is where we should have been ages ago. Feed, crushing and production are all up and it looks as if the mine itself is operationally efficient. The ASIC is way too high, but it looks like it is getting under control. There is a second crushing unit coming on sit to help continue the ramp up.
    It's exactly what we needed to see and it is what the lenders would want to see.
    The remark about the delisting has to go in there, as it is material to the quarter and beyond, however this report may just be enough (although I don't have any evidence) that we could possibly relist by the cut-off in 3 months. It's given us hope.


 
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