Ann: Appendix 4D and Interim Financial Report, page-5

Sorry for not responding to your post sooner.

TIG's financials are for 2017 which included extra ramp-up/development costs such as 2 lots of road
building, extra mining & trucks, extra staff & a low start-up mining & sales of coal.

This year , however, with increased sales volumes, better quality coal, better revenue, we should see significant positive cashflows.

Please read past announcements for a fundamental snapshot of the business plan from last years startup
to 5 mil t/p/a in the next 5 years.