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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Post by veronikagermanyon Nov 16, 2013 4:34pm
297 Views
Post# 21913020

Q3 2013: CASH from OPERATIONS jumps at $16 M !!

Q3 2013: CASH from OPERATIONS jumps at $16 M !! I really wonder why noone has commented it thus far....

In  Q3 2013,  Cash from OPERATING ACTIVITIES  were  $16  MILLION  in Q3  which is another INDICATION of the FUNDAMENTAL improvement  on a quarter over quarter basis.

This is A BIG  sequential IMPROVEMENT versus  Q2  and Q1  2013.
Make your comparisons folks. It is there.
I know it was confusing because EBITDA had many ONE TIME COSTS and ONE TIME CHARGES but  CASH from operations is clear....the  sequential  improvement is  BIG.
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