TIG 12.5% 0.4¢ tigers realm coal limited

4€ in October - 10€ in January, page-19

  1. 49 Posts.
    lightbulb Created with Sketch. 11
    Will be interesting to see what the Qtrly brings.
    WHC released theirs today and Average sale Price was around $142 per tonne.
    Having followed the shipping season and the vessels that have been docked and loaded at the Port approx. 770kt has been loaded by 30 September -

    Therefore ....
    Revenue should be approx..770kt - 180kt (Last Qtr) = 590kt for the Qtr x $142 (If we take WHC Price) = $83 - $84M.
    Cost at the June Qtr - approx $50 per tonne - 590kt x $50 = $29 - $30M.

    Wash plant maybe up and running ? Greater Average sale price if so.
    2 Vessels in the Harbour now with 100kt being loaded with a greater average price than $142...Probably closer to $180 - $200 per tonne.

    Hopefully another couple of vessels before the ice over....and we ship 900kt - 1.0M kt this year.
    Maybe will deliver NI of $60 - $70M in 2021.


    DYOR
 
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