GRR 2.74% 37.5¢ grange resources limited.

Hi Footmax . . . you have a lot of people agreeing with you . ....

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    Hi Footmax . . . you have a lot of people agreeing with you . . . me included.
    Just to add, Mr Zhao has in the past put through 2 proposals for SD . . . one for 10mt and a budget model for 5mt . . 40% of the later equates to less than what Savage River cutrently produces. Add to that the development proposal for SD does not include pellet processing, As we know it is the pelletising that sets Grange apart . . . every year Savage River's production is sold out and at a margin other IO producers can only dream about. Grange is currently trying to sell 100% of SD. I think with block cave, recent approval for pit enlargement, #5 furnace and steel belt conveyor, production is soon to ramp up to 3mt and with the addittion of some rheology (refer my post USA patent) I think production could significantly surpass 3mt.
 
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