The big piece of news above is that TIG intends to produce 400K ton for 2017. Now lets have a look:
-to July TIG produced 100K so between now and the end of the year it will likely produce 300K ton or roughly an average of 50K ton a month, that's an extra 150K ton shippable coal delivered to the port before freeze-up if the above press report is correct. With a 12 month road there is no reason why the trucks cant operate 24/7 provided mining is up to speed.
PS: Its best to not speculate on poster's interests or motives; its enough to speculate on the stock from
what little official info we've got. That said, from the sparse buying volumes over the past few months, I know that I have been one of the chief buyers, so I'm putting my money where mouth is. How about you?
I know that the company is guarded on what info it announces and, from my info, it will be in a better position come 2018 to give forward estimates. That said, however, price sensitive info re $s/ton FOB received for the 38.5 K ton already shipped or forward sales contracts ought to be announced right away. At present we seem to be getting more timely info from the Russian press like Tass' article and the above one.
The big piece of news above is that TIG intends to produce 400K...
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