Ann: Quarterly Activities - Sept 2018 with appendix 5B, page-7

First 7 Last

Share
Profile

Follow
dbros12

125 Posts.

13

29/10/18

15:18

Post #: 36299937
Share

Originally posted by moorookamick: ↑

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.

Expand

$23M Revenue divided by 307kt of sales gives me $78/t. How do you calculate your prices?

TIG Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $39.20M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Ann: Quarterly Activities - Sept 2018 with appendix 5B, page-7

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

Featured News

Featured News

Ann: Quarterly Activities - Sept 2018 with appendix 5B, page-7

Top Stories

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

Featured News

Featured News