Announcement • May 30
Tigers Realm Coal Limited, Annual General Meeting, Jun 30, 2025 Tigers Realm Coal Limited, Annual General Meeting, Jun 30, 2025. Announcement • Aug 08
Tigers Realm Coal Announces Appointment of Kieran Travers as Non-Executive Director Tigers Realm Coal announced the appointment of Mr. Kieran Travers as a non-executive Director, effective 8 August 2024. Kieran is a well credentialed executive having held a number of senior roles as general manager, project manager and business development manager for a range of companies providing environmental and advisory services to the mining, infrastructure and waste industries. Kieran currently runs his own advisory company, consulting on waste, recycling and related fields to both the private and public sectors. Kieran holds a Batchelor of Science from the University of Newcastle, a Master of Environmental Management from Griffith University and Master of Business Administration from University of Queensland. Announcement • Apr 24
Tigers Realm Coal Limited, Annual General Meeting, May 28, 2024 Tigers Realm Coal Limited, Annual General Meeting, May 28, 2024, at 15:00 E. Australia Standard Time. Location: Rendezvous Hotel, 328 Flinders Street, Melbourne Melbourne Australia Agenda: To receive and consider the Financial Report of the Company and its controlled entities for the year ended 31 December 2023, together with the Directors' Report and Auditor's Report as set out in the Annual Report; to Adopt Remuneration Report ; to Re-election of Mr. Mitch Jakeman ; to Disposal of Main Undertaking ; and to consider other matters if any. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: AU$0.004 (vs AU$0.004 in FY 2022) Full year 2023 results: EPS: AU$0.004 (in line with FY 2022). Revenue: AU$140.1m (down 25% from FY 2022). Net income: AU$46.1m (down 13% from FY 2022). Profit margin: 33% (up from 28% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 04
First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.001 loss in 1H 2022) First half 2023 results: EPS: AU$0.001 (up from AU$0.001 loss in 1H 2022). Revenue: AU$35.4m (up AU$33.6m from 1H 2022). Net income: AU$11.3m (up AU$18.5m from 1H 2022). Profit margin: 32% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jun 01
Tigers Realm Coal Limited, Annual General Meeting, Aug 15, 2023 Tigers Realm Coal Limited, Annual General Meeting, Aug 15, 2023. Agenda: To consider and approve re-election of Directors; and any other matters. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.003 in FY 2021) Full year 2022 results: EPS: AU$0.004 (up from AU$0.003 in FY 2021). Revenue: AU$185.8m (up 79% from FY 2021). Net income: AU$52.8m (up 39% from FY 2021). Profit margin: 28% (down from 37% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 21
First half 2022 earnings released: AU$0.001 loss per share (vs AU$0 in 1H 2021) First half 2022 results: AU$0.001 loss per share (down from AU$0 in 1H 2021). Revenue: AU$1.84m (down 88% from 1H 2021). Net loss: AU$7.20m (loss widened AU$6.91m from 1H 2021). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Aug 17
Tigers Realm Coal Limited Announces Resignation of David Swan as Non Executive Director Tigers Realm Coal advised that Non Executive Director David Swan has resigned from the Board, effective 15 August 2022. David joined the Board on 26 August 2020. In addition to his Board role, David has acted as Chairman of both the Audit, Risk & Compliance Committee and the Nomination and Remuneration Committee. Announcement • Apr 22
Tigers Realm Coal Limited, Annual General Meeting, May 23, 2022 Tigers Realm Coal Limited, Annual General Meeting, May 23, 2022, at 15:00 AUS Eastern Standard Time. Location: Rendezvous Hotel, 328 Flinders Street Melbourne Victoria Australia Agenda: To receive and consider the financial report of the company for the year ended 31 December 2021, together with the directors' report and auditor's report as set out in the annual report; to consider and to adopt company's remuneration report for the year ended 31 December 2021; to consider the election as director of Mr. Mitch Jakeman, to consider the reelection as director of Mr. Craig Wiggill, to consider the reelection as director of Dr. Bruce Gray; to deal with any other business which may be brought forward in accordance with the Constitution and the Corporations Act. Reported Earnings • Feb 27
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: AU$0.003 (up from AU$0.002 loss in FY 2020). Revenue: AU$103.9m (up 117% from FY 2020). Net income: AU$37.9m (up AU$53.5m from FY 2020). Profit margin: 37% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Announcement • Feb 04
Tigers Realm Coal Limited Announces Board Changes Tigers Realm Coal (TIG) advised that Non Executive Director Valery Doronin has resigned from the Board, effective 3 February 2022. Valery joined the Board on 27 April 2021 as the nominee representative of substantial shareholder Russian Direct Investment Fund (RDIF). Valery's resignation from the TIG Board follows his resignation from RDIF. Since joining, Valery has been a valuable contributor to the Company, giving good insight particularly in the commercial and financial areas. In addition to his Board role, Valery has been a member of the Audit, Risk & Compliance Committee. Announcement • Nov 27
Tigers Realm Coal Limited Achieves Record Tonnage of 906Kt Coal Sales for 2021 Tigers Realm Coal Limited achieved record tonnage of 906kt coal sold during 2021 shipping season. Notwithstanding an earlier finish of the shipping season due to early ice formation together with adverse weather conditions in Beringovsky, Tigers Realm Coal (TIG) successfully managed to sell a total of 906kt during 2021. This record result is 131kt (17%) higher than the previous record achieved during 2020 and was achieved during a time when the markets for coal were very strong. Coal sales were split as follows: Thermal coal - 12 vessels totalling 765kt. Metcoal SSCC - 2 vessels totalling 120kt. Domestic Market - total 21kt. Key drivers for the shipping success were the early chartering of a 100kt ice-class, geared bulk vessel for the first cargo together with successful pre-season dredging, allowed TIG to start the shipping season on 28 May - the earliest in TIG history. Strong team work at TIG's port enabled us to mitigate the impact of the strongly unfavourable weather conditions experienced both at the start and end of the shipping season. As of the date of this report TIG has mined 860kt and annual guidance for 2021 remains at 950 - 1000kt level. During 2021 TIG has significantly increased its mining and haulage capacity by adding a 100t bulldozer, 5x dump trucks, a 7m3 excavator, a 70t bulldozer and 5x road haul trucks for coal transportation. TIG's fifth 500t barge is currently under construction and is expected to be in Beringovsky by the start of 2022 shipping season to further increase TIG's annual loading capacity. Coal Handling and Preparation Plant construction work is still in progress with the equipment assembly completed. Executive Departure • Apr 24
Non-Executive Director has left the company On the 14th of April, Tagir Sitdekov's tenure as Non-Executive Director ended after 7.0 years in the role. We don't have any record of a personal shareholding under Tagir's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Feb 26
Full year 2020 earnings released: AU$0.002 loss per share (vs AU$0.01 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: AU$47.9m (down 4.5% from FY 2019). Net loss: AU$15.6m (loss narrowed 17% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Announcement • Nov 25
Tigers Realm Coal Limited Announces Results of New Amaam North JORC Report Tigers Realm Coal Limited announced the results of a new JORC report with respect to Amaam North Project F. TIG engaged leading Australian mining consultants AB Mylec, Measured Group and Optimal Mining (TIG's Consultants) to prepare JORC Resource and JORC Reserve reports based on first principles. Additionally, the Reserve report prepared by Optimal Mining incorporates coal quality and processing yields based upon the specific coal processing technology which TIG plans to implement as per the equipment supply contract with Derek Parnaby Cyclones International (DPCI). (Please refer to ASX release dated 15 October 2020.) The selection of the coal processing solution from DPCI is largely based upon significant coal quality and yield analyses performed by TIG's Consultants, using bulk samples made accessible through actual mining operations. With the installation of the DPCI wash plant in 2021 (which remains subject to TIG obtaining acceptable financing) using DPCI equipment, TIG expects to be able to sell a semi-hard coking coal product of consistent quality into the Asian seaborne market as early as fourth quarter of 2021. Compared to the coal reserves set out in 2019 Annual Report released on 5 May 2020, TIG's Recoverable Reserves increased by 2.8 million tonnes (Mt) to 23.8Mt (15.0Mt Proved and 8.8Mt Probable) while Marketable Reserves increased by 1.4Mt to 13.2Mt (9.8Mt Proved and 5.6Mt Probable). The conversion from Recoverable Reserves to Marketable Reserves is primarily driven by the expected processing yield of about 61% and Free On Board (FOB) cash costs of USD 68 per tonne. TIG's Amaam North Resources decreased by 23.4Mt to 85.6Mt, driven largely by a 29.3Mt decrease in the Indicated category and, partially offset by a 2.2Mt increase in the Measured category. The decrease in Indicated Resources is largely due to applying a more conservative approach based on the last line of drill holes and actual mining results. TIG's Consultants will be providing recommendations for the optimal exploration drilling required by TIG to further develop its JORC Resources, as well as to convert Resources from the Inferred category to the Indicated category. Drilling at the project site was completed as a mixture of open hole 99mm PCD drilling, as well as HQ3 and PQ3 core drilling. Drill core was retrieved and packed into core boxes by the drilling teams, with run markers, depth markers and loss/recovery calculated at the drill site. The core was collected by TRC Geologists (TRC) at the end of each shift (Day/Night) and transported to the exploration camp. Drill core was washed, marked up with appropriate geotechnical, geological and depth markers and a lithological drill log were completed. Core loss/recovery assumptions were assigned during the process, and the core was then photographed. Once photographed, geotechnical, geochemical, and paleontological samples were collected. Non-coal boxes were placed into external storage areas. Coal horizons were held in temperature-controlled storage space within the camp. Raw lithological data were collected on standard CoalLog templates then entered in the logging program `Task Manager'. Upon receipt of the downhole geophysics, a Geophysicist from Dalgeophysica would apply seam and horizon corrections and final recovery/loss estimations to the raw drill log. TRC would then apply correlation boundaries, assign sample boundaries/sample numbers accordingly and submit the log for final review and addition to the database. 