So when do grr approach shagang about negotiating a hedging contract pellet price above costs?
As the major holder and buyer are they happy with grr selling it to them at a loss?
The comfort I have is this savage river mine has seen low ore prices before, unlike a lot of the the new mines that have kicked off in the last 5 years...
IO pellet price, page-12
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Last
33.0¢ |
Change
-0.005(1.49%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.0¢ | $732.5K | 2.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 1204 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |