the sellers are making their own market
for those selling today rogar i guess its their choice, but the way i see it myself is that tig is making the milestones, its now applying for a mining permit on area 3, and imho the progress is going on schedule, there is no way the planning could be sped up 5 months faster, winter allows them to drill, and there are well over 40 drill results to be delivered in the very near term i believe..
i am adding, as i absolutely have the understanding that this is not an exploration venture even though its priced in that fashion. the resource is understood, and being defined, and its evident to me that the market is pricing this on the basis that tig may find a resource one day, as opposed to being priced on the bass its just actually defining the coal in a jorc complaint fashion
as much as the asx refused to allow tig be anything other than defined as an exploration company, i fail to see it in that fashion myself.
if all that coal suddenly vaporises overnight, then i would be concerned, but i think the exploration holes had defined the find, the current drilling is defining the quantity beyond doubt
tig has achieved everything it had to within the schedule
the sellers are really giving it away as the market right now refuses to give any value to tigs resource..
i will add as i can. i absolutely think its a resource that is in the ground and will be extracted. when your on the way to a mining permit then your pretty much on the home stretch in terms of owning the resource in my view
plenty of things to be achieved still and in my view lots of very good things to come for the tig share
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $45.73M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $490 | 140K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 5378000 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 1602361 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 5378000 | 0.003 |
1 | 250000 | 0.002 |
5 | 5000000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 1602361 | 4 |
0.005 | 1907046 | 4 |
0.006 | 650000 | 2 |
0.007 | 187000 | 2 |
0.008 | 250888 | 1 |
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