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4.9¢ tiger resources limited

A zinc company I am invested in is looking at raising 50% of the...

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spid81

15,705 Posts.

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02/07/17

22:36

Post #: 25619259
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Originally posted by The German ↑

@ Zulugraave

Thank you for agreeing. You do not have to be a dreamer if you think that the management should also deal with the possibilities of the future. Why is the cobalt occurrence mentioned in the official TGS messages?
The question is, is one satisfied with a "small solution", or strive for a high percent cobalt solution.
In the meantime, the cobalt price has risen to such an extent that the small 20-24 million solution could already generate profits for TGS. We do not have to talk about the strong demand for cobalt.
Question is also: Where do we get the necessary 20 mio?
With a guaranteed purchase contract of a financer (Taurus?) Would be shown in my opinion a way.

TG

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A zinc company I am invested in is looking at raising 50% of the funds they require for there plants expansion by prepayments of concentrates, Even if TLG pre sell there cobalt concentrates at a heavy discount, It could be one way of diversifying the company and bringing in more revenue.

TGS Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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