Ann: Quarterly Activities - Sept 2018 with appendix 5B, page-6

My apologies, 5B is attached(had a late night)

It is interesting to note that forecast revenue for the Dec Qtr is $25.293mil & that actual revenue for Sept Qtr

was $23.876 mil which gives a projected annual revenue of $49.169 mil without the bibs and bobs for the Mar & June Qtrs.

If the company's projection of 400k ton-430k ton for the year is correct, then the price range/ton will be between $114 & $123 AUD/ton*

in other words, an average of $118.5/ton AUD which is almost $20/ton AUD better than last year!

It is interesting that TIG is paying back the Russian Bank loan in full before Christmas. I suspect that it may be clearing the decks for the 

major financing loan to upgrade the port and install the wash plant and crank up production/sales to 1 mil t/p/a+ of mostly premium washed coal

* this is why I suspect that sales volumes for the year will be well in excess of 430K

If the sales revenue per ton  were to be the same as last year, then a total sales revenue of $49.169 AUD would represent a volume close to 500K ton, IMO.

(last years average price was $98/ton AUD.