GRR 2.70% 38.0¢ grange resources limited.

GRR Valuation, page-200

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    Hi Tremonti

    1. Grange does not want ore from South Australia . . . because in the words of Ben Maynard, the resource at Savage River is never ending.

    2. UG will not increase costs . . . . . . because UG will actually decrease costs significantly due to
    (a) mine direct from rich source with no need to strip cover.
    (b) unaffected by weather
    (c) fully automated . . . operated from the surface.

    3. Transfer is not limited . . . the slurry pipeline can handle at least 3mt . . . and possibly a lot more.

    The above are just brief explanations . . these topics have been covered in previous posts in more detail.

 
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