The pellet price premium increasing is a very good sign, up US$2.20/tonne to US$63.20/tonne.
The pellet premium is what sets Grange apart from all other iron ore miners in Australia.
The pellet price is now higher than at any time during last month at AUD$284.85/tonne and just marginally lower than the past 2 month average price.
When the pellet price was recently at AUD$285/t the GRR share price was 65 to 68c/share around 19th August.
Pellet Price Tracking, page-9
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Last
25.5¢ |
Change
0.005(2.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 26.5¢ | 24.0¢ | $519.0K | 2.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2883 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 185694 | 5 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |