GRR 1.96% 26.0¢ grange resources limited.

iron pellet prices , page-9

  1. 20,495 Posts.
    lightbulb Created with Sketch. 2038
    the current aud price is now 197 per tonne
    173/.878

    last quarte they achieved 161 Aud on 613k tonne prod.
    I assume they pay freight, so lets minus 10 from aud price that is till 187 aud.

    last quarter cahs flow was 40 million odd befroe dividend and cash was 159. so at this rate generating another 40 million is very possible more likely it will be 45 million. Therefroe i think 200m cash backing is very likely
 
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