I think TGS,shot themselves in the foot with a poorly presented C.R to the shareholders,along with the quick draw down on Geralds $50 mill. This seemed to conflict with the growing production numbers,increased inferred etc.I know it's linked to a ramp up in production,but a long with being in the DRC,this has led to a 40c to 31c drop. I don't think the market will re-rate until it sees corresponding increased assets,higher cash accounts,parallel to all announcement "nöise"=Show me the money!.
TGS Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held