GRR 1.96% 26.0¢ grange resources limited.

grr is way undervalued with a pe of only 1 !!!

  1. 13,783 Posts.
    GRR is way undervalued with a pe of only 1 !!!

    GRR produces 2.5mill pellets pa

    iron ore Pellets price ..

    MBIOI-PT 27/12/2013 $176.65/tonne = $200+AU ton

    with a cost of production around $100 a ton in 2014
    thats = $100ton margin ???

    2.5m x 100 = $250m margin ??.. profit ??
 
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