TIG 0.00% 0.3¢ tigers realm coal limited

Duhhhh, seriously Maxtoday, that must have been a pretty big...

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  1. 138 Posts.
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    Duhhhh, seriously Maxtoday, that must have been a pretty big rock you've been sleeping under.

    The Beringovskii Port (by the way the TIG mine is in Eastern Russia), is about 200km SW from Anadyr; in fact the port is in the Gulf of Anadyr which is a part of the Bering Sea. Here comes the tricky part Maxtoday; while we are going into summer, the northern hemisphere (that's Russia) is going into winter, ha imagine that. Now, a big part of the Bering Sea freezes over in winter, and would you believe it, the Beringovskii port essentially freezes up before the end of November. The port closes any time after 17 November depending on weather conditions.

    Re: "what are you even on about". Is it my buy/sell indecision or the last para about Russia and China; I'll run with the latter.

    Vlady is Vladimir Putin, now he's a despot who rules Russia and he invaded the Ukraine and the world is now boycotting Russia. It's been in the papers a bit lately, you might not have seen it, the big rock and all. Now TIG's mine being in Russia means TIG's coal is boycotted by a sizable chunk of the globe. So, now here's the hard part for you, if Russia got rid of Putin, that should stop the war in the Ukraine, that should lift all the boycotts and next season TIG can sell to anyone globally. Yea.
    The Zi part was maybe a little cryptic for you. Xi Jinping is China's new demigod, absolute ruler, numero uno. Don't forget TIG sold 80% of its coal to China this shipping season. So, China wants Taiwan folded into the mainland (it's also been in the papers lately - I forgot, the big rock again) and there's a chance he just might flex his military muscle in the next 8 months and take it.
    Now, given the world is boycotting Russia for invading the Ukraine, hey maybe, the world will boycott China if they invade Taiwan. And TIG (an Australian company) sold 80% of its coal to China this year (I'm repeating myself there in case you forgot my earlier mention 4 lines up).

    Potentially, the problems are building up for TIG next year; but I hope not for the sake of all holders (which you are not). Also read my post 28/2/22.



 
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