GRR 1.33% 38.0¢ grange resources limited.

Ann: GRR - Quarterly Report for 3 months ended 30 September 2022, page-8

  1. 12,100 Posts.
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    The prices received are somewhat better than miningnut forecasted (actual $140.84/t vs mn $112.90/t but the operating costs were $10/tonne higher.
    As usual miningnut was pretty close to the mark, so his insights helped some of us oldtimers to exit some/all of our holdings at a much higher price.
    I think most shareholders had already factored in the reduced profits, however overall in a down and tight market GRR has done better than most. MGX for example lost heaps during the quarter whereas GRR made a profit small as it is.
    I'd expect some downside tomorrow and this is where some shareholders who have sold down ( including me) will have an opportunity to start accumulating again.
    Last edited by rocket973: 27/10/22
 
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