GRR 1.89% 26.0¢ grange resources limited.

Shagang Offtake, page-123

  1. gaz
    698 Posts.
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    I don't think the share price should drop the company is making bucket loads of cash the balance sheet is expanding with every ship load that departs, they are on track to bank in excess of $100 million this quarter at the current ore prices.
    Cash generation alone each quarter should keep the share price steadily creeping up. They are on track at current prices to make in excess of $400 million for the year.

 
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