This is pathetic.
Why wasn't the design done right the first place?
Now TGS has to to back to plead to lenders for more leniency. At some point they will be getting tired of all of this.
The only plus is that they are in a worse situation than us and have no choice but to see it through.
After reading this a few times, the first few problems are fairly benign, but the debottleknecking is the major problem. Who desinged it? Can't they get it right??!!
As shareholders, we only have one thing to worry about......the lenders stay committed.
TGS Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held