Ann: GRR - Quarterly Report for 3 months ended 30 September 2022, page-33

IMO many of the newbies aren't aware of the fundamentals of this stock but they obviously see value and credit to them....whats not to like the grade of ore....at SR and SD 70%, lack of chinese quality magnetite resource, preference for green steel and secure ownership by Shagang and Pacific of 631 Million of 1157 Million (70%) shares.

I don't see how the SP is weakening given the current 65% fines plus premium pellet prices because the future and fundamentals are solid, and the SP has gone tyo $1.7 and will breach this again.

The available shares free market outside the two top SH is low at 400 M so hold on when things turn as it rockets up and the herd responds as it is current 80c.

It will not take much for the pellets premium to move upwards as experienced this year, add a fed Aus gov policy on gas to reduce costs for business (this is a temp cost squeeze caused by Russian invasion and can change in an instant) and a start on SD and the SP will definitely move IMO.