This was reported in July. Not sure if timing for an acquisition is right for tig at present with Amaan north not even commenced yet. Would spread the risk away from Russia which would be good timing, but are we spreading our selves to thinly?
Having said that, lots of undervalued coal companies and coal projects around right now (tig being one of them) QCC looks interesting..
http://www.lexology.com/library/detail.aspx?g=b01956d9-c4f6-4e7b-8af4-3847718b7bf0
Mergermarket has reported that ASX-listed coking coal company Tigers Realm Coal is seeking feasible acquisition opportunities in order to grow its global asset portfolio. According to Tigers Realm’s CEO Craig Parry, the company is particularly interested in assets located in Australia and Indonesia and will consider any viable offers made to the company. Reportedly, potential targets may include privately-owned Queensland Coal Corporation who holds the Fairhilland Wilton hard- coking coal projects located in Queensland’s Bowen Basin, as well as ASX-listed Bathurst Resources.
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