GRR 0.00% 31.5¢ grange resources limited.

comparison

  1. 20,405 Posts.
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    MGX vs GRR
    MGX cash backing as at Dec 36%
    GRR cash backing as at dec 50%

    MGX DIVI -3.5%
    GRR -8-10%

    cash-flow as a percentage to market cap
    MGX 200-250 m or 18-22% of market cap
    GRR 120-140 m - 37-44% of market cap

    MGX Mine life - 7 years
    GRR - 16 years plus

    margins - MGX producing with costs around 85 and selling product oat 124- 39 use margin
    Grr producing at 90US ( 100 aud) and selling 165-170 USD margin 65 isn

    this tome highlights the degree to which GRR is undervalued. Could easily justify a price of 40c
 
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