GRR 3.00% 25.8¢ grange resources limited.

Ann: Successful Completion of Southdown Project P, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,274 Posts.
    lightbulb Created with Sketch. 173
    re: Ann: Successful Completion of Southdown P... Right, am I right that $2.57b includes pellet plant in Malaysia. So if we choose not to produce pellets ourselves due to available pellet plant capacity in China we will save $941m?

    That means that potential capital requirement may only be $1.629b. Thats more or less in line with previous estimates.

    I think management did a tremendous job so far and they have a plan, experience and cashflow to deliver successful project delivering 10m tonnes/year of 69% concentrate.

    Surprised share price didnt take off on the news. Everyone must still be digesting the PFS.
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.