More info: Optiva research document states: "The (July) shipment...

More info:

Optiva research document states:

"The (July) shipment comprised 38.5kt of thermal coal, and TIG expects similar sized cargoes of coking and thermal coal to be exported through the balance of the shipping season."

TIG's ann on 18-09-17 states that 4 shipments have been made to date.

Therefore it is reasonable to assume that we have shipped 154K ton

We have approximately 4 weeks left to ship which should , worst case scenario, give us 192.5K ton
and, best case scenario , 231K ton for the season.

Let's suppose that our average/ton FOB revenue is $70 USD , then that should yield $13.745 to
$16.17 mil USD ($17 mil AUD to $20 mil AUD).

As mining continues the mix of coking coal to thermal should improve towards the resource mix levels thereby lifting the average price/ton, IMO.