RE:RE:RE:RE:RE:doesn't take much to imagine no mystery that they'll need money, either debt or finance it through dilution either 18 months expect Teranga to be trading 2.50-4
kkkrrr wrote:
TGZ could surviva at 1100$ POG but only with cost cuttung (no exploration, no new mine equipement...)
at 1300 $ POG they are able produce solid cashflow and maybe some money for construction of the new mine... but they will need additional debt...
..means..they have to pay debt down the coming years + interests ... a big amount of $$$ will flow into exploration and resource developement , social programs .....
the shareholder will only be the bagholder here... no dividends for the next 5-10 years ... NADA!