Australia's largest stock trading and investment forum Australia's #1 stock forum

GRR

Click for more information

2.04%

24.0¢ grange resources limited.

Ann: Southdown Magnetite Project Prefeasibility Study, page-67

First 67 Last

Share
Profile

Follow
FT86

2,606 Posts.

32

06/04/23

05:16

Post #: 67160543
Share

Originally posted by Goodheart: ↑

Hi greyhoundtrainer

I used to be involved with greyhounds some 50 to 60 years ago. Used to walk 4 or 5 (at the same time) before and after school.

At my age I cannot be certain that I will even be here to enjoy the fruits of SD, which best scenario puts it several years away.

Grange is a well run company with a reasonable dividend return. I can only speak for myself and not the market. In my opinion I not just think, but calculate that there are other investments that will give me a greater return, and return now, not years in the future.

I disclose that I have interest in other IO miners . . . of which also produce high grade 65% but at around half the all in costs of Grange. Where as Grange only has one ship on the way for April, my other investment already has 4 ships on the way for April, from which I estimate will close to double the production output of Grange this quarter, and with a leaner crew. Both have similar amount of shares on offer.

So to summarise, in my case, it is a case of spreading my investment to places which I calculate will give me a better return.

Expand

Morning, interesting in spreading my IO portfolio, is it MGX your keen on.? Thanks
Best Regards

GRR Price at posting: 66.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

There are more pages in this discussion • 38 more messages in this thread...

First 67 Last

Add GRR (ASX) to my watchlist

(20min delay)
Last 24.0¢		Change -0.005(2.04%)		Mkt cap ! $277.7M

Open	High	Low	Value	Volume
25.0¢	25.0¢	24.0¢	$195.7K	804.6K

Buyers (Bids)

No.	Vol.	Price($)
23	307184	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	69617	5

View Market Depth

No.	Vol.	Price($)
23	307184	0.240
13	533135	0.235
18	313086	0.230
6	210710	0.225
16	439536	0.220

Price($)	Vol.	No.
0.245	69617	5
0.250	76952	2
0.255	192819	7
0.260	357561	8
0.265	409059	6

Last trade - 16.10pm 04/11/2024 (20 minute delay)

GRR (ASX) Chart