TGS 0.00% 4.9¢ tiger resources limited

It is higher, but stocks arnt usually valued based on balance...

  1. 2,468 Posts.
    lightbulb Created with Sketch. 1
    It is higher, but stocks arnt usually valued based on balance sheet (Debt & Assets) Rather cashflow..

    If the TGS can deliver 32,500 at AISC of $1.67lb and sell it at $2.9lb

    We are looking at 88mil (before taking off interest on loan and corporate costs.)

    We could pretty much pay the entire debt off in three years.

    Just saying.. Its not far fetched, copper is hovering just below $2.9 as we speak... Plant was deisnged to do 32,500.. If we can manage to reduce our costs and get the plant working previously we will do quite well.
    Last edited by Nikec: 31/07/17
 
watchlist Created with Sketch. Add TGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.