Originally posted by Chocomuncher
I have read last announcements and I know that the mines are being expanded. I just don’t understand how there is 164kt of coal being sold for the year and the revenue is just 95k as per the announcment above. Should it be tens of millions? Why the delay in payment? It doesn’t make sense
"164.6 ton sold of which 122.4 was thermal coal (oxidised) & 42.2 ton SSCC for a total revenue of $15.926 mil AUD.-in other words : an average of $96.80/ton AUD with 25.6% SSCC. (see the Annual report)"
Your time would be better spend reading TIG announcement rather than misquoting them here.
Can I repeat: 164.6 ton was sold by TIG in 2017 shipping season for $15.926 million AUD
