Thanks for posting. The way I read the articles is that there are 2 east coast fishing areas proposed by TGR. One will be up and running in 2018 and the other in 2019/20.
I will be watching cash flow and capex spend quite closely in the reporting seasons. While I am OK with expansion and location diversification, TGR need to maintain an excellent balance sheet to protect against commodity and environmental black swan events.
HT1
TGR Price at posting:
$3.98 Sentiment: Hold Disclosure: Held