another 4% rise of Chinese Iron ore, to 555 Y/ton.
I was worried about the 4th quarter could be a loss, but Grange still managed $9 millions net cash!
the first quarter will no doubt be an improvement with more free cash flow.
I like the business except the management, but want to thanks them for making me another 300k @ 20 cents on Friday.
FY18 Profit prediction, page-5
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