I figure out how TGS are going to get out of a capital raising,...

I figure out how TGS are going to get out of a capital raising, given their projected expenses on their most recent quarterly. Even assuming the project ramps up successfully, and they sell all the concentrate within the same quarter the figures just don't stack up.

I think the capitalisation of revenues and costs from the project is a horrible way to try and hide true production costs from investors. The company should be much more transparent in their disclosure in my eyes.