roblun, Tigers Realm Minerals is a privately owned "incubator" company that is used to kick start public company's like Tiger's Realm Coal. Owen Hegarty is behind Tigers Real Minerals and is also on the board and a big owner of Tigers Realm Coal. What has happened here is that when the recent 1 for 1 raising took place a lump of shares was issued to Tigers Realm Minerals. Now those shares have been distributed to the actual owners of Tigers Real Minerals. But don't ask me why things are done in this manner as I am not a corporate lawyer....No one has sold out though but rather the shares have just been shifted to individual ownership. I think Aussie Joe was just a bit worried that they may not be as tightly held in individual hands as they were as a collective. Anyway there is only a couple of weeks until the target date for the commencement of production and it is possible that in the meantime an offtake agreement re some of the coal could be announced so there is plenty of possibilities for near term price driving news.
roblun, Tigers Realm Minerals is a privately owned "incubator"...
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