Positive news. Q1 shipping seems on track (3 vessels loaded /...

Positive news. Q1 shipping seems on track (3 vessels loaded / delivery complete) and three ships scheduled at Port Latta for loading in the next couple of weeks plus maybe the usual BSL - Port Kembla load at quarter end (31 March 2022) and maybe on other 80,000 vessel before 31 Mar-22. therefore suggest maybe 7-8 vessels for Q1 to 31 Mar-22. I noted in latest financials that POSCO (Korea) annual pellet purchases for period ended 31 Dec 2021 was 23% of the GRR total year revenues and BSL (Australia) purchases were circa 5%.



Also of note is Morningstar intrinsic share price valuation $2.03 and VectorVest value of $1.59.
GRR's first half-year to 30 June 2022 and outlook for NPAT may exceed the previous half year period with Q1 rolling average CU Steel Index price + premium being in excess of A$300.00 per tonne and 3 Mar-22 CU Steel dailing price being A$327.68.
Overnight lift in pellet premium provides confidence as to the next 4-5 ship loads to generate significant profits and cash imo> DYOR