$1B club, page-9

Financial year for the company ends December..... and no provisional company tax obligations

- that Dec 2nd half,  is just going to look fantastic, all least before the inevitable Deputy Commissioner remittance.

I note they sold 786k of pellets and chips in the Dec 2020 quarter - the company continue to mine ore from the high grade North Pit, which they say is conducive to higher productivity. (52% fe apparently,)

Upgraded magnetic separators installed in recent times - but lets work on 1.25 MT in the next 6 months. Kicks another $350m into say that existing $400m (less dividend). Cap today 1 b

...... annual production can now reach 2.5MTPA and you are on NPAT of circ $500m PA.

Incredible  facts - although would not be incredibly, if they were capped at $4 billion.

Looking at the quarterlies of that big rare earth and lithium company..., (chatline market darlings still )- you know the 2 to which I refer........gives great encouragement for what we should see here, with Grange