Of course I will be writing to management this morning. Offtake agreements would not explain this as they are still based on index pricing which didn't even touch that low during the quarter. Regardless, as I said the average price of $A206.80/t is so far off it is not mathematically possible unless management are screwing shareholders. Miningnut's latest prediction is here. He calculated average sales price received of $A271.20.
There is no fair explanation for the price that Grange just published unless it was a typo.
Ann: GRR - Quarterly Report for 3 months ended 30 September 2021, page-10
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Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $306.6M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.3¢ | $45.41K | 171.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 115969 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 160906 | 12 |
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| Last trade - 11.12am 17/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |