GRR 1.69% 30.0¢ grange resources limited.

Inital Capex of about $160 Million is about twice Rocket's...

  1. 2,415 Posts.
    lightbulb Created with Sketch. 515
    Inital Capex of about $160 Million is about twice Rocket's estimate.
    Ongoing Capex about $40 per tonne of pellets, when added to C1 costs, bumps up the ongoing real cost of production quite substantially.
    Underground risks seem high. Remember, there are humans driving the trucks down there.
    Still, if pellet prices stay elevated, the next ten years should be profitable.
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
0.005(1.69%)
Mkt cap ! $347.2M
Open High Low Value Volume
30.0¢ 30.0¢ 29.5¢ $237.6K 796.2K

Buyers (Bids)

No. Vol. Price($)
4 39651 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 29998 1
View Market Depth
Last trade - 16.10pm 22/08/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.