The truth is GRR looks like it will always be an underperformer. This announcement in my view virtually guarantees AISC above the realised rate , coupled with the lower production and mill upgrades you can expect this quarter and next quarter to be poor and also expect cash to drop circa 25-30 m over the next 6 months . Dividend may also be at risk
Ann: Market Update, page-3
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27.5¢ |
Change
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Mkt cap ! $318.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.5¢ | 27.5¢ | $2.494M | 8.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 201433 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 20000 | 1 |
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| GRR (ASX) Chart |