yes cash reserve increased $5m compared to last quarter now $149.6 M , the drop in the $A is lowering their costs which is helping to compensate for the drop in iron ore prices (priced in $US).
Guess only these guys and RIO and BHP in Oz are making coin with current iron ore prices .
48 year old mill replacement mentioned -these guys have been around a while it seems , guess that cost will come in next quarter.
Ann: GRR - Quarterly Report for 3 months ended 30 June 2015, page-4
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