OTCPK:TNGZF - Post by User
Comment by
Muncheron May 10, 2015 12:16am
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Post# 23712449
RE:What do you expect?
RE:What do you expect? Im happy with their investment rate. The have 31 million invested which nearly 8 million a year in royalty revenue assuming no more growth and their 25% per mill invested . Obviously they are sitting on a lot of cash and will continue to grow.The quailty of the investments doesn't really matter to me as long as there are no more duds. I expect about 1 million a year in defaults and 1 million in operating costs. I hope they increase the dividend this quater or next. They have a lot of cash and the quicker they can get it invested the higher the growth rate, the higher the stock price and easier time they will have rasing more capital.