GREY:TIMGF - Post by User
Comment by
rockmoneyon Jan 02, 2019 1:04pm
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Post# 29177597
RE:rockmoney
RE:rockmoneyWhat did you not agree with in my last post? I was correct in stating TIM owns zero interest in the La Plata proejct today. They own an option to earn an interest. They do not own the 60% interest yet.
The company is also broke today. Read the financal statements. It's easy. Find the cash line, deduct the current liabilities, then deduct the burn to get to a number for January 1, and don't forget to dedcut the option payment in November. Broke.
They will need to raise more money this quarter. Next for sure.
What part of the above is incorrect are requires more "research"? I suggest you maybe read a bit more and understand what is going on with the company.
Happy New Year!