One of the largest % gain periods for an established producer, particularly from a high cost profile producer is the change from neutral or negative cash flow, poor performance, debt issues ect to a cash flow positive from a significant change in product prices. As mentioned earlier, the expectation of the higher pellet prices is providing this situation for GRR combined with operational and exploration success when prices were low. Not much talk but would be also keen to hear any plans of expansion of the Savage River mine.
Still a lot of ducks to line up, but GRR has the potential to be an ABY style turn around stock in 2010.
chart, page-49
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Last
25.0¢ |
Change
0.005(2.04%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $494.2K | 1.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 88281 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 414626 | 8 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |