As a previous has mentioned, TGS has 1.2 billion shares and there a probably a reasonable number that wish to cut their losses.
The only way TGS can start a meaning upward move is to achieve its milestone targets.
Those being;
1. Lock away a financing deal.
2. Achieve production targets. At least three consecutive quarters will be required to turn this ship.
3. Achieve or better cost targets.
4. Lay out a meaning plan, with timelines and funding plan, to expand production to 50ktpa.
I think these guys are performing well with point 2 and 3.
But to date have failed with points 1 and 4. This market is interested in points 1 and 4 being resolved before investing into Tiger.
