GRR 1.59% 32.0¢ grange resources limited.

I doubt they would have been using an iron ore price of $200 for...

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    I doubt they would have been using an iron ore price of $200 for the feasibility study, so the recent drops won't affect SD, it's either feasible or it ain't, and they'd be using a long term average IO price to determine that.

    I dont think it could be put much more straightforward than that.

    Many have accused management of being too tight with cash now it seems they're concerned about them being too loose with it , such is the bi polar world of HC...

    Cheers Whisky


 
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