TIG 0.00% 0.4¢ tigers realm coal limited

Where will TIG be Oct 31st?, page-9

  1. 22,251 Posts.
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    When we look at the TIG-ASX chart we can see some critical prices over time

    Top..............late Aug 2011 ....45c
    Low.............July 2016...........2.4c
    Recovery.....Late  2016..........7-8c
    Current...................................5c

    http://www.asx.com.au/prices/charti...umeIndicator=&volumeMovingAverage=&timeframe=

    IMO, we should see the SP lift to 8c post the Sept Quarterly due 24th Oct* & after that........who knows?
    With about 80% of stock tightly held with 4 cornerstone investors holding over 70%, we could see fireworks  as we advance towards 1 mil+ t/pa premium washed coking coal.

    With 632 million ton of coal in the ground readily accessible, there is no issue regarding the life of the mine. Its good for 100 years @ 6 mil/t/p/a without further exploration.

    All of this IMO only and investors should consult a licensed financial advisor before making an investment decision.

    *We should see a production/shipping update in the interim, IMO.
 
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