Agree. RE venture may have been an option that did not deliver as big a benefit as planned but it was an effort to diversify as you suggest.
In regards to the pipeline, I think 3mil tonnes can be achieved - Tasmanian licence is for up to 3mil tonnes so there won't be any issue there.
It has been discussed previously that the technology is available to achieve it and GRR is cashed up enough to do some significant capital works at SR. 3 mil tonnes represents a 20% increase and that is not insignificant.
Ann: Dividend/Distribution - GRR, page-51
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $416.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 35.5¢ | $621.5K | 1.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46745 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 45534 | 3 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |