GRR 2.74% 37.5¢ grange resources limited.

re: Ann: Grange 31 Dec 2013 Full Year Financi... It is a good...

  1. 37 Posts.
    re: Ann: Grange 31 Dec 2013 Full Year Financi... It is a good result remembering how dire it was during the interim when they actually made a loss from mining operations (1.8M). Improved grades and recovery rates turned it around to final year profit of 29M from mining operations which is about 31M dollar turn around.

    If it is sustainable, Grange could make 60M profit annually just from mining operations which is currently 1/5 of Grange's market capitalisation.
 
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