accordingl to recent statement from Richard ""We're a pure iron ore stock now and when the iron ore price is high Savage River (its open cut mine in Tasmania) has good margins," Mr Mehan said. "And it's about time the market recognised our value."
i guess the past quarter should be good; but we do need i/o price stay stable through this year.
given the current market condition, dont be surprised GRR will ann 2c dividend.
iron ore fines at $159/tonne, page-8
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27.5¢ |
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Mkt cap ! $318.2M | |||
| Open | High | Low | Value | Volume |
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