Australia's largest stock trading and investment forum Australia's #1 stock forum

TIG

Click for more information

0.00%

0.4¢ tigers realm coal limited

Could you please give us the source for following figures?...

First 32 Last

Share
Profile

Follow
badhan

3,978 Posts.

171

09/08/17

15:57

Post #: 26393763
Share

Originally posted by moorookamick ↑

TIG's financial position over the next 12 months, IMO, is:

-current rate of cash burn = $1 mil/month
-outgoings to next July= $12 mil approx (excluding additional major capital works)
-current cash= $5 mil approx
-shortfall without current coal at port revenue= $7 mil

Likely revenue:
-sale of 38.5K ton (low grade thermal being shipped) at say $50 USD/ton = $1.925 mil ($2.4 mil AUD)
-sale of 30.7 ton high grade thermal coal @ say $75 USD/ton = $2.3 mil USD............... ($2.9 mil AUD)
-sale of 27K ton semi soft Coking coal @ say $120 USD/ton = $3.24 mil USD................($4.1 mil AUD)
-Total revenue for coal presently at port = $9.4mil AUD (NB: This is best case scenario IMO)

Now lets assume that the shippable coal delivered to port from July to prior to freeze-up is say similar to current port total of 98K ton with similar grade mix & value. This should yield us another $9.4 mil revenue by freeze-up.

So the bottom line, IMO, barring major snags, is that we should be cashflow positive from here forward.

Cheers
Moorookamick

Expand

Could you please give us the source for following figures? Thanks in advance.

-sale of 30.7 ton high grade thermal coal
-sale of 27K ton semi soft Coking coal

TIG Price at posting: 5.5¢ Sentiment: Buy Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 32 Last

Add TIG (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $52.26M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$168	42K

Buyers (Bids)

No.	Vol.	Price($)
2	201431	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	1022500	4

View Market Depth

No.	Vol.	Price($)
2	201431	0.004
4	2850000	0.003
1	1000333	0.002
2	1000000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	997500	3
0.006	4339546	5
0.008	950888	2
0.009	1057345	1
0.010	100000	1

Last trade - 10.59am 30/05/2024 (20 minute delay)

TIG (ASX) Chart

SPONSORED BY