small update for holders, page-9

Forget controversial climatology (there's other threads for that) and let's get back on the money:

It is interesting to do a Benjamin Franklin on TIG vs SMR

Item...........................TIG..........................SMR

Location:.................NE Russia...................Qld.

Mkt Cap....................$86 mil.....................$84.35 mil

Coal Type:...............Mostly Coking............Mostly Coking

Resource...................632 MT approx.............620 MT approx

Ownership....................80%..........................100%

Strip..............................2.5:1.........................12:1

COP..........................$30-$55/ton....................$110/ton

Debt ............................Nil................................$55 mil

Cash(31st Mar).............$11 mil..........................18.5 mil

I guess the major difference is the COP.
This seems to be due to:
-distance to port
-low strip ratio
-lower Russian energy & labour costs.

It would be great to see TIG acquiring the remaining 20% before we get seriously into the lollies.

Cheers & the best of good luck to all.
MM