GRR 1.56% 31.5¢ grange resources limited.

re: Ann: Grange - Quarterly Report for 3 Mont......

  1. 53 Posts.
    re: Ann: Grange - Quarterly Report for 3 Mont...
    practisingaccountant

    yes that information is in the report under production in the table.

    they moved an extra 1.4 million BCM ~4Mt more than the previous QRT

    and got 90,000 BCM less ore ~250Kt ore

    recovery dropped to 31.9% down from 43.1% 12 months ago.

    so they are mining shit to get back to the good stuff

    Yes I forgot the divi so basically broke even over the last 3 months.

    the report isn't clear I would agree.

    I would expect cash costs to drop hard when they get back to the higher grade and don't need to strip as much waste.


 
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