GRR 3.64% 26.5¢ grange resources limited.

When the boat comes in???, page-1340

  1. 708 Posts.
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    So basically with a 2400tonne sale per year (conservatively) and with sales price of $200 and cost of production is around $100 then one would think we have an annualised profit of 240million

    the way they are ramping production at the moment would not surprise me would get below $90 per tonne.

    Any other company with a conservative PER of 10 times this stock should be around 2.25 per share based on this scenario.
    Last edited by Samsonrises: 03/09/20
 
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