I received an email back to my queries about whether they were...

I received an email back to my queries about whether they were going to put these analysts straight that Clearly have no idea. below is the response I received.


Many thanks for your feedback and very much appreciated your on-going support. Yes, you are absolutely right. Grange finished year 2014 on a very positive note and is doing well in the current difficult market condition. Our high quality pellets is attracting strong premium and we are continuing focus on cost reduction. We have positive outlook with high demand of pellets in the market. Analysts like Adam Hodge at Wood Mckenzie and Luke Nelson t at JP Morgan have no understanding of the difference between low quality iron ore fines and high quality pellets and have not done their homework. We are planning to invite analysts and investors to a presentation and site visit in next a couple of week to help them understand our business better. Please do not hesitate to contact me if you have any query.



Best regards



Michelle Li

Chairman of Grange Board