GRR 0.00% 31.0¢ grange resources limited.

New thread ... old one toooooo long

  1. 3,627 Posts.
    lightbulb Created with Sketch. 306
    Nigh end of quarter so he's my guess...

    - sold 626kt
    - inventory build 56 kt
    - average CIF price USD 87.28 (AUD 115.17)
    - average FOB price USD 75.16 (AUD 99.17)
    - gross profit ~ AUD16.4M
    - inventory investment AUD4.1m

    presumably some investment in tailings dam and maybe more in pre-mine stripping. So IMO cash generated will be something less than AUD12M

    at revenue level, better than 06/2016 quarter by around AUD8 / tonne ... relative to my salary that's not loose change!

    mystery remains - what they'll do with [growing] cash pile.

    imo downside risk in estimates are sales tonnes and 'capital' investment in mine (including tailings dam)

    have a great day!
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.000(0.00%)
Mkt cap ! $358.7M
Open High Low Value Volume
31.0¢ 31.5¢ 30.5¢ $286.1K 921.5K

Buyers (Bids)

No. Vol. Price($)
29 200621 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 114913 22
View Market Depth
Last trade - 12.23pm 08/08/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.