GRR 4.08% 23.5¢ grange resources limited.

yes cash reserve increased $5m compared to last quarter now...

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  1. 34,395 Posts.
    lightbulb Created with Sketch. 1947
    yes cash reserve increased $5m compared to last quarter now $149.6 M , the drop in the $A is lowering their costs which is helping to compensate for the drop in iron ore prices (priced in $US).
    Guess only these guys and RIO and BHP in Oz are making coin with current iron ore prices .
    48 year old mill replacement mentioned -these guys have been around a while it seems , guess that cost will come in next quarter.
 
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