TGS
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0.00% 4.9¢ tiger resources limited

re: Ann: Tiger Resources March 2013 Quarterly... I have to admit...

  1. Nobananas
    1,369 Posts.
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    24/04/13
    19:04
    Post #: 11684854
    re: Ann: Tiger Resources March 2013 Quarterly... I have to admit JG, I was a bit too. But at the same time they have $30m bridging finance plus $80m finance due very soon. Fact is, to get where tgs wants to go, they either dilute the shit our of it, sell out to majors, or take on debt. To take on debt in this market speakes volumes - not many coys do!! I think they have done well. I am not worried about a cap raising whatsoever. They estimate spending $30+m this quarter. This will be fixed by the bridging and subsequently cu sales.
    TGS Price at posting: 22.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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