Wow - bricklayer . I will keep that suggestion in mind .
Lets be clear folks - the 8 million profit you are excited about was achieved with IO prices starting higher than they are currently and the average being higher than now . This profit rate will barely cover a future 2 c divi and with current IO prices the actual average quarterly profit will be even less assuming IO doesn't fall further
i agree that stock piled ore should be added to cash , but most of this ore was there from last quarter and the fact it has increased doesn't bode well for future demand and prices .
Rocket - you boast about topping up at 16 while price is 17 , how about your previous purchases dude which without Doubt are under water as I am sure is your entire holding - misplaced confidence if you ask me
GRR Price at posting:
17.0¢ Sentiment: Hold Disclosure: Not Held
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