GRR 1.56% 31.5¢ grange resources limited.

2008 benchmarksc/dmtu144.66 fines220 odd (cant remember off...

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    2008 benchmarks

    c/dmtu

    144.66 fines
    220 odd (cant remember off head) pellets

    US$68 is fairly high. They will want to and should be capable of lowering that to the 50's.

    A 50% drop in pellet prices and these guys should still have a margin
 
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