TGS tiger resources limited

This just stinks doesn't it, I sold out after the last time the...

  1. 12,401 Posts.
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    This just stinks doesn't it, I sold out after the last time the government decided they wanted to increase stakes in miners / royalties out of the blue, now they've pulled another one out!

    They had 30m in cash last dec, not sure now but should be slightly more than that. Should keep them going but that was supposed to help fund stage 2.

    They used to sell locally to smelters before Zambia contract so may be able to secure a contract easily one would think.

    Still it doesn't do much for sovereign risk appetite does it

 
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