GRR 3.90% 37.0¢ grange resources limited.

Ann: Underground DFS shows value uplift and long-life mine, page-11

  1. 288 Posts.
    lightbulb Created with Sketch. 24
    Agree greatone...the DFS numbers look great but a huge capital cost over the next 5 years, while benefits start flowing from 2027 (?)
    Good to see costs come down a lot which should see them slide down the cost curve and weather any downturns better.
    Growth to 2.9 million tonnes is pleasing to see.
    But unfortunately the cash needed, i cant see dividends for at least a few years.

 
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