Valued on cash flow? I think you know it is nowhere near that...

Valued on cash flow? I think you know it is nowhere near that simple Nikec.

Personally I would like to see aisc heading rapidly under $2lb mark with production at at least 6000t for the quarter, and guidance targeting 7000-8000t for this current quarter.
Hopefully will will get an update on the property damage and business insurace claim. Could possibly be a very significant payment and i suggest the lenders are being flexible as they know this is to come at some stage.
As you suggest, if they get production and costs under control, Tiger can again be in a strong position. Throw on top of that an insurnce payment and the potential to finance a cobalt circuit, and tiger could be reborn within the next 6-12 months.

Yeatesy