Great insights & analysis Miningnut. In terms of GRR controlables and assuming 356kt pellet stockpile at 31 Dec 2018 and reasonable production in Q1 2019 then the pathway for a robust start in Q1 2019 shipments should be expected. I note the past 4 years the Q1 pellet shipments have been 640kt (2018), 473kt (2017), 649kt (2016) and 547kt (2015). Maybe more than 600kt should be loaded and shipped (say 9 ships) in Q1 2019 and with reasonable prospects of current prices holding (premium / pricing for 65% FE) then GRR may deliver record Q1 result IMO albeit much will depend on major shareholder contract purchases. In Q1 2018 GRR shipped approx 345kt in the first 5 weeks (5 ships loaded). DYOR
Quarterly predictions, page-77
-
- There are more pages in this discussion • 941 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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¢ | $666.9K | 2.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 241791 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 42416 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |