GRR 0.00% 31.0¢ grange resources limited.

Quarterly predictions, page-816

  1. 3,627 Posts.
    lightbulb Created with Sketch. 306
    in fact, the pellet premium is odd...

    MGX product is supposedly 65%Fe. as is GRR. For the qtr 30 June 2023, MGX FOB ex Koolan was US$103/t; GRR"S is US$108... at face value a pellet premium of US$5. And I suppose the list of possible reasons will look like:
    1. freight costs;
    2. timing of adjustments (and possibly MGX is ignoring them...)

    Regardless, the sticky downwards pellet premium is not helpful ... might have been a stunning qtr if that premium was a little closer to costs...
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.000(0.00%)
Mkt cap ! $358.7M
Open High Low Value Volume
31.0¢ 31.5¢ 30.5¢ $666.9K 2.150M

Buyers (Bids)

No. Vol. Price($)
7 241791 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 42416 2
View Market Depth
Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.