GRR 1.82% 27.0¢ grange resources limited.

I hear that Russell Clarke had a lunch presentation with 50 odd...

  1. 12,185 Posts.
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    I hear that Russell Clarke had a lunch presentation with 50 odd Grange shareholders in Amsterdam last week. Seems that the market doesn't realise that they have an extra $50 million owed by Shangang for product already supplied. So cash in the bank is actually $50 million more than the market realises. Russell Clarke said that the Australian market doesn't understand pellets, they only understand hematite, big mistake, as they're currently making $250-$300 million pa. PROFIT
    I bought another 40,000 GRR today.
 
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