RE: Targa123 -Agrecerrado1 Mar 2021 07:59
It is the only way out of this, selling as much as possible, if they can break through 100,000 tonnes then for sure its going places and can cover the non cashflow from bad debts. I think the accounts will be hit by bad debt provision based on what bopd is saying as it wasnt provisioned in
the previous years accounts.So it may not be a maiden profit for 2020. But if they can hit 100,000 then possible dividend declaration by December 2021 and a rerate. Long time to wait though...