Agree. There used to be about $30USD margin but now it seems much less. This chart shows me that the Pellet Price in AUD is not doing so well.
If they are receiving $86.72 per ton in AUD and the C1 costs are $79-, I doubt $7- per ton allows for royalties, cap exp, etc
Sustained cash position of A$139million as at 30 September 2015 means they dropped $10 million in the quarter.
Company has healthy cash position but if it drops $10 million per quarter for too long it wont be so healthy in 6 months time.
I used todays surge to exit with some good gains. Might be too early to exit but using funds elsewhere in other identified opportunities and will consider re-enter around 10 level.
- Forums
- ASX - By Stock
- GRR
- GRR Qtrly report
GRR Qtrly report, page-38
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GRR (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $266.1M |
Open | High | Low | Value | Volume |
24.0¢ | 24.0¢ | 23.0¢ | $435.4K | 1.868M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29374 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 50000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11691 | 0.250 |
8 | 96605 | 0.245 |
3 | 64804 | 0.240 |
2 | 62511 | 0.235 |
3 | 87379 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 24193 | 2 |
0.220 | 7459 | 3 |
0.225 | 86021 | 4 |
0.230 | 138434 | 7 |
0.235 | 129183 | 9 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
GRR (ASX) Chart |