Modun is selling its Nuurst thermal coal project in Mongolia to Tian Poh for $US2.21 million.

Tian Poh buys Mongolian coal asset

Mongolia-focused miner Tian Poh Resources has announced plans to buy a thermal coal project from Modun Resources for $US2.21 million ($A3 million) and undertake a capital raising to fund the acquisition.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
18thDrake Resources900%-72%
48thPeel Mining279%11%
188thForte Consolidated60%-13%
722ndTian Poh Resources-48%0%
792ndWolf Petroleum-69%-29%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$4k Bought
$4k Bought
$2k Bought
Total value as at the date of the transaction
Source: Morningstar


162nd↑Tian Poh Resources$332k
165th↑Peel Mining$319k
166th↑Wolf Petroleum$318k
168th↑Forte Consolidated$314k
169th↑Drake Resources$309k
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Tian Poh Resources

809thKay Ping Poh$152k
Ranked by total remuneration from all listed WA companies

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