TIG tigers realm coal limited

0.00%

0.3¢

Baring Vostock, page-3

First 3 Last

Share
Profile

Follow
Aussie Joe

2,012 Posts.

39

26/02/19

13:02

Post #: 37571106
Share

Originally posted by moorookamick: ↑

Here is a link to BV:
http://www.baring-vostok.com/company/
I believe the dispute involves $38 mil with a Russian Bank of which BV has a controlling interest.
https://www.ft.com/content/cbeb580c-3460-11e9-bd3a-8b2a211d90d5

It is interesting to note that natural resources only makes up 16% of BV's portfolio with Fund V ( owner of TIG shares) making almost half of the portfolio.
BV has a history of controlling its significant investments ( at present it controls 26% of those including the Russian Bank in question).
Its average hold period is 6 years.
IMO, this issue will be settled soon and ought not have any impact on TIG.

It would be great have a market update on mining, trucking and stockpile at the port which would be a good indicator for the upcoming shipping season rather than having to wait until the mandatory quarterly due late April (note the lack of announcements since last Sept )

We had 200K ton at port on 31st Dec.
If we continue the 60K ton/month to September 30th with 2 weeks down in late April for thaw-out, we will have 710K ton available for sale for this shipping season. If we sell 650K ton of that at say $60/ton profit, this would yield $39 mil profit or $24 mil net after paying down the bank loan.

We should also hear soon about plans & timing for the port 1 mil + t/p/a upgrade.

Fundamentally, $39 mil profit should give a SP of 21c @ a P/E of 10, IMO,( 39/1800 X 10) if Mr Market trusts TIG's business plan & management.

Expand

Thanks Mick. We get more information from your posts than we ever will from the company.

TIG Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

DRO

History repeats for DroneShield investors but carnage so far subdued

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

AII

A new NASDAQ listing for a key player in the global critical minerals space

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $39.20M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Baring Vostock, page-3

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Syrah jumps +19% as graphite tariff threat spurs optimism down under

History repeats for DroneShield investors but carnage so far subdued

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

A new NASDAQ listing for a key player in the global critical minerals space

Featured News

Featured News

Baring Vostock, page-3

Top Stories

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Syrah jumps +19% as graphite tariff threat spurs optimism down under

History repeats for DroneShield investors but carnage so far subdued

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

A new NASDAQ listing for a key player in the global critical minerals space

Featured News

Featured News