On a serious note:The share price is not responding to TIG's...

On a serious note:
The share price is not responding to TIG's ramp up because, IMO, the company is not attracting new investors here in Aus due to its lack of promotions and the Big 4 shareholders are sitting put.

Let's soldier on regardless ! Here's a shot at forecasting TIG's eps for 2019 and where its share price ought to be based on that EPS.

2019

# of shares................................1.8 billion (approx)

Forecast sales...........................720K ton

FOB revenue/ton.......................$109 AUD ( based on 2018) -should be higher due to higher coking coal in mix-

Total revenue ...........................$52 AUD/ton FOB ( based on last year) should be lower due to economy of scale)

Gross Revenue......................$78.48 mil (720K ton x $109)

Gross Margin.........................$41 mil

Net profit................................$20.5 mil ( based on last years result which was approx 50% of gross margin)

EPS:......................................1.14c

PE:........................................say 10. ( with a mine life of 50+ years and ramping up, the P/E should be a lot higher, IMO)

S/price..................................11.4c ( this disregards the value of coal in the ground and other assets)

A good broker valuation is the most efficient way of communicating TIG's prospects to the market and money well spent, IMO,
rather than peeing it up against the wall with mates in Moscow or London!


Please do your own DD & seek the advice of a licensed financial advisor before making any investment decision.

Cheers
MM