TGS tiger resources limited
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News: TGS Tiger Resources Posts HY Revenue From Ordinary Activities $29.8 Mln

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    17/12/19
    20:40
    Post #: 42017896

    Dec 17 (Reuters) - Tiger Resources Ltd (TGS) :

    • HY LOSS AFTER TAX ATTRIBUTABLE $35.3 MILLION VERSUS LOSS OF $7.8 MILLION
    • HY REVENUE FROM ORDINARY ACTIVITIES $29.8 MILLION VERSUS $65.6 MILLION
    • MATERIAL UNCERTAINTY EXISTS THAT MAY CAST SIGNIFICANT DOUBT ON GROUP'S ABILITY TO CONTINUE AS A GOING CONCERN
    • AGREED ADDITIONAL FORBEARANCE ARRANGEMENTS WITH TWO OF THREE SENIOR LENDERS, WORKING TO SEEK AGREEMENT OF FINAL SENIOR LENDER
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