TGS
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0.00% 4.9¢ tiger resources limited

Thats not true.. Increase in debt = increase in cash on hand....

  1. Nikec
    2,468 Posts.
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    27/09/17
    17:07
    Post #: 27496926
    Thats not true..

    Increase in debt = increase in cash on hand.

    Provided that the money they borrowed earns them more than what it costs them to borrow, it is good debt. In this case the debt is a necessity. We need it to continue mining and to make money.
    TGS Price at posting: 4.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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