GRR 3.95% 39.5¢ grange resources limited.

As the quarter is nigh ended, it seems a good time for a wild...

  1. 3,618 Posts.
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    As the quarter is nigh ended, it seems a good time for a wild backside guess. My tip is:
    ~ volume sales 550kT
    ~ average price (USD) $92/t, FOB
    ~ average AUD/USD $0.77
    ~ average C1 costs A$71 / tonne
    => C1 margin A$21 /t
    ~ wild guess inventory build 150kT
    => significant cash accumulation (+A$25m??)

    If I'm half right, cash balance vs market cap will be embarrassing!
 
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