GRR 0.00% 27.5¢ grange resources limited.

Ann: Market Update, page-17

  1. 7,125 Posts.
    lightbulb Created with Sketch. 546
    The real problem now, is not about a quarter (or 2) production drop, it is the working condition of the mine .
    They are building the supporting wall! and that is the thing worried me.
    I was surprised it hold up at 14 cents for more than a day, and I off loaded 4/5 of my holding even on 14.5 cents.

    I will expect 1 or 2 negative cash flow quarters, and the cash pile (which GRR is proud of) will decrease.
    Dividend in near future? what dividend?
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.