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0.00% 37.0¢ grange resources limited.

Two thirds of the deferred stripping is therefore below what is...

  1. MR.
    340 Posts.
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    30/08/15
    00:24
    Post #: 15900296
    Two thirds of the deferred stripping is therefore below what is anticipated to be received in revenue sales and the difference was written off.

    Remember your suggestion, on the other thread, regarding a discussion over a glass of wine when I brought up how Reserves are never discussed here? Did you read it from my lead?

    So where was all that stripping, where the ore is no longer viable for extraction anymore?
    This must reduce the life of mine and the Reserves but this won't be announced IMO until February.
    Last edited by MR.: 30/08/15
    GRR Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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