TIG 11.1% 0.4¢ tigers realm coal limited

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

  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 ...
 
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