GRR 0.00% 37.0¢ grange resources limited.

At least another positive on the report they should have some...

  1. 96 Posts.
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    At least another positive on the report they should have some extra ore mined and stockpiled and ready to be processed. As a pure guestimation- if pure magnetite is specific density of 5 and rock is 3 the unprocessed ore mined would be around 4. Past two quarters 1147926 cubic meters of ore mined. If weight recovery of 45% if it's all from north pit that would be enough for 2.06mt of concentrate production. Minus the 1.364 produced past two quarters gives 696kt almost a whole quarter of production buffer. Hopefully that means they have derisked the mine even more now so if they have any unforeseen rockslips etc they still have a steady stockpile of ore to process?
 
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