GRR 2.08% 23.5¢ grange resources limited.

Australian Stock Report ASR...Here is the free trial link. Once...

  1. MR.
    340 Posts.
    Australian Stock Report ASR...
    Here is the free trial link. Once in click "FOCUS STOCKS" at the top and then on the right hand side click report of 28/7/08.

    http://www.australianstockreport.com.au/dsp_trial.cfm?r=badASR&gclid=CNfM_4Sy_5QCFSY1agodfw9crQ

    Broad analysis covering all interests of Grange. "Grange is a Gold and Iron Ore mining company" Mentions 7mt's of production of premium quality concentrate (iron ore) and also a focus on a pellet plant in Kemaman. No mention of producing DR Pellets.

    Recommend a BUY at $1.96 with no 12 month target.

    Why? "start production soon" and they appear to like Grange being involved with so many projects.

    However, IMO, they like looking at and drawing pictures. At least they like what they see and "Grange looks poised to return to previous highs"

 
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23.5¢
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33 513046 23.0¢
 

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Price($) Vol. No.
23.5¢ 77874 16
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