GRR 8.33% 27.5¢ grange resources limited.

Ann: Savage River Underground Prefeasibility Study Results, page-24

  1. 12,157 Posts.
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    The calculations were done on a pellet price that hasn't occurred this low in the past 4 years.
    The price of pellets in the PFS is US$107/tonne.
    The current pellet price is US$196.10/tonne.
    The average pellet price over the last 4 years is US$168/tonne.
    The lowest price in the last 4 years was US$110.08/tonne on the 11th Nov 2019

    Using the average pellet price over 4 years of US$168/t would give an extra A$2 BILLION in profit
    Using the current pellet price of US$196/t would give an extra A$3 BILLION in profit.

    Using todays pellet price would result in A$4 BILLION free cash flow.
 
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