I'm torn on this point in the short term. If the price of forward copper moves towards spot and they can lock in forward sales, then that derisks repayments and I agree - buyback as much as possible until 10-12c (excluding deleted shares) which from memory is about half EV to NPV. Otherwise focus on payback of debt which when sufficiently low will bring more institutional interest. Optimal financial strategy is an interesting discussion imo...
- Forums
- ASX - By Stock
- Ann: Tiger achieves revised 2016 Annual Guidance at Kipoi
I'm torn on this point in the short term. If the price of...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TGS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online