GRR 3.90% 37.0¢ grange resources limited.

its one of the worst reports i have seen, i was really thinking...

  1. 298 Posts.
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    its one of the worst reports i have seen, i was really thinking about buying in because of the high grade ore but this is quarter 3 with more delay. So 9 months of stripping and still no end in sight.
    i knew the current ore they had is worthless and they had been selling at a minimum 50% discount to 58% index.
    if they access the high grade in December that means they wont report till March 2022 any of the profit. Its 6 months worth of dead money parking it in MGX
    lucky i bought fmg instead i have a feeling that will be a record report with a big dividend and i cant see mgx paying any dividend.
    Grr is the new darling in town, they spent enough time posting rubbish about us for so long, they can be humble now.
    Grr has more cash than mgx as well so that argument is also down the drain just like their 50 million this quarter
 
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5 180212 37.0¢
 

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37.5¢ 964 1
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