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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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.26M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 6850000 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 1299809 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 6850000 | 0.003 |
1 | 1000333 | 0.002 |
2 | 1000000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 1299809 | 2 |
0.005 | 1197500 | 4 |
0.006 | 4339546 | 5 |
0.008 | 950888 | 2 |
0.010 | 100000 | 1 |
Last trade - 16.12pm 03/06/2024 (20 minute delay) ? |
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