Hi Goodheart,
There is no doubt at the moment that pelletising the concentrate is not a profitable operation for GRR. The official pellet premium is currently US$13.2/t on the Platts index and US$11/t on the MB index. GRR currently charges US$20/t on top of those index pellet premium prices to all customers (except Shagang and Bluescope Steel) due to the quality of the pellet.
Those index pellet premiums must be at a record low now - you would hope the only way from here is up.
Quarterly predictions, page-950
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Last
38.5¢ |
Change
-0.015(3.75%) |
Mkt cap ! $445.5M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 38.0¢ | $977.8K | 2.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2529 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 162803 | 16 |
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| Last trade - 14.34pm 30/05/2024 (20 minute delay) ? |
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Last
38.5¢ |
Change
-0.015 ( 2.53 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 38.5¢ | 919672 | ||
| Last updated 14.54pm 30/05/2024 ? | |||||
| GRR (ASX) Chart |