GRR 0.78% 32.3¢ grange resources limited.

stemcor payment, page-2

  1. 486 Posts.
    It's a 'deferred payment' for the purchase of ABM (Savage River Tasmania) in 2007. Grange inherited the obligation as part of the merger negotiated with Shagang. (You'll find it in the deal papers sent to GRR shareholders before their vote om the deal.)
 
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