What's not to like !, page-3

@bernardshaw

TIG have huge government support, they are producing and have cleared most of the significant risks - I’d say their sovereign risk is very stable

As for Russia ... I have no issues with it

Look at CKA operating in Indonesia. I would say the risks there are on par with Russia

Their 5 year chart paints a pretty similar picture to TIG, just TIG hasn’t multibagges from its lows yet

CKA’s current project is 120ktpa from Anak, which is high quality PCI. Costs would be <$50/t. On that project alone and on prospects of first coal sales, the stock rallied to 10.5c or a $65M market cap. If you say the market is forward looking and valuing their BBM project, they have to raise US$75M, costs $92/t and then barge it 650km up river

TIG with <40km to port, costs <$50/t, mining infrastructure, road and port in place, debt free, cashflow positive, low strip ratio etc. Sitting at $88M market cap

TIG is incredibly cheap on peer comparison. The turning point will be real cashflow early next year