The truth is GRR looks like it will always be an underperformer. This announcement in my view virtually guarantees AISC above the realised rate , coupled with the lower production and mill upgrades you can expect this quarter and next quarter to be poor and also expect cash to drop circa 25-30 m over the next 6 months . Dividend may also be at risk
Ann: Market Update, page-3
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $335.6M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 29.0¢ | $329.6K | 1.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 73539 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 59700 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |