TIG 25.0% 0.3¢ tigers realm coal limited

With current coal pricing they are probably looking at fob...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 467 Posts.
    lightbulb Created with Sketch. 118
    With current coal pricing they are probably looking at fob prices now of 250 aud for a washed shcc product vs 150 aud for an unwashed thermal product, so if the wash plant was operation for this quarter when they could ship 500k ton, that would make a 50m aud difference, ie would more than pay for the plant in 1 quarter, now we only know they will hope to commission the plant this quarter so they wont earn this premium, but it should give a huge boost to the shipments they can make in October and November, they really should already have the second plant ordered and shipping asap as the value of a higher grade product will always be there and they will now be making enough cash even at thermal prices to pay for it in no time ...
 
watchlist Created with Sketch. Add TIG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.