GRR 0.00% 31.0¢ grange resources limited.

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  1. 12,135 Posts.
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    " GRR is invisible to the general market,"
    Thats entirely correct, I've just spent 2 days at the Gold Coast Investment Showcase conference where 40 odd mining companies were presenting to investors. I spoke with many investors and made a point of mentioning GRR and OMH. Whilst a few had heard of Grange not a single one held any GRR shares. None had ever heard of OMH. (UP 23% today).
    Many held BHP &/or FMG shares but didn't have a clue about the margin gap between grades. They were all unaware that Grange produced the highest grade (pellets) and that the margin had widen to as much as US$158/tonne.
    A few might start looking at GRR, the juicy dividends and franking credits were of interest to many.
 
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