TGS 0.00% 4.9¢ tiger resources limited

Ann: Trading Halt, page-40

  1. 1,307 Posts.
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    MS, I hope you are right, but my head says if this was M & A, they would have alluded to it in the TH request to the ASX.

    Per the last qtrly,:
    "Independent consultants Lycopodium have prepared an updated Life-of -Mine (LOM) Plan for Kipoi to support existing and ongoing financing activities. This report is under final review, and the Company expects to announce further details during Q1 2017"

    Now this report could have been positive or negative. Its important to note this LOM Plan for Kipoi is an independent one which could suggest it was commissioned by the financiers, NOT TGS. If the report identified issues, and / or queries, which the company was unable to satisfy, then we could have some issues here.

    So again, pure speculation, hoping and dreaming of a positive result which could be a surprise, equally though, this could be business as usual and we have just hit another landmine.....

    gltah
 
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