re: Ann: Grange 31 Dec 2013 Full Year Financi... great report .. 3c pa dividend ,, low debt strong profit turnaround !!
strong sales with good io prices achieved with the A$ at 96c.
so if our A$ is under 90c or even 80c..even if if IO falls to 100 the oz $$ will follow it down to 80c as our economy slows re the IO price rout.
GRR profits will be even greater with the ozi $$ at 80c .
Ann: Grange 31 Dec 2013 Full Year Financial Resul, page-7
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