$TER - Terracom - Resuming its run.

Nice little earner that looks like it is resuming its run.

From a recent statement "The 2018 Financial Year was a truly remarkable year for the Company, as it transformed itself from an Exploration company to an Export Mining company in Australia and Mongolia."

TerraCom Limited, formerly Guildford Coal Limited, is resource company with a portfolio of assets in Mongolia and Queensland. The Company is engaged in mineral exploration of mining tenements held across Australia. Its segments include Australia, which is engaged in coal exploration and development activities within Australia, and Mongolia, which is engaged in coal exploration and extraction activities within Mongolia, including the transition from developer to producer. The Company's tenements cover an area of approximately 11,100 square kilometers. Its projects include Northern Galilee Project, Springsure Project, Sierra Project, and Kolan Project (Maryborough Basin). The Company controls both thermal and coking control tenements located in the coal bearing basins of the South and Middle Gobi. It owns and operates the Baruun Noyon Uul (BNU) coking coal mine in Noyon Soum, South Gobi province. The Dund (Mid) Gobi Project consists of two exploration licenses: 12929X and 15466X.

Comment:

Ticking away nicely.