GRR 3.64% 26.5¢ grange resources limited.

Good news Miningnut - on the basis of Intuition and Ignazio...

  1. 165 Posts.
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    Good news Miningnut - on the basis of Intuition and Ignazio vessels loaded by 23/24 Feb IMO GRR's first quarter will then have more than 400k tonne of pellets (inc 30k chips/shipments assume loaded to 96% dwt capacity) shipped YTD to 24 Feb. These shipments (on my numbers) will equate to YTD (7/8 weeks) revenue of more than $50m. Looking forward to the 12/2017 financials in 3 weeks and then Q1 2018 report. GRR should be well positioned keep those shipment rolling especially given the sweet spot for high FE pellets and premium + demand for GRR product.
 
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