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.
When we look at the TIG-ASX chart we can see some critical...
Add TIG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $58.8M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $10.11K | 2.500M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1529370 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5096442 | 11 |
View Market Depth
| Last trade - 14.27pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.4¢ |
Change
0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.4¢ | 600000 | ||
| Last updated 11.42am 15/05/2024 ? | |||||
| TIG (ASX) Chart |