GRR 2.67% 38.5¢ grange resources limited.

Ann: GRR Quarterly Report for the 3 Months Ending, page-7

  1. 392 Posts.
    re: Ann: GRR Quarterly Report for the 3 Month... Rock

    I think you need to consider they have been accessing ore from low grade satellite pits for the last year while getting the main pit re-established after the slide.

    The fact they have maintained cash for the last six months while this has happened is great news.

    The best news is that the main pit is open again and the cash flow should flood in from higher production and materially lower cash costs.
 
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