GRR 2.74% 37.5¢ grange resources limited.

Agree. GRR TAS operations have a capacity limitation...

  1. 165 Posts.
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    Agree. GRR TAS operations have a capacity limitation (concentrator capacity) at 2.8m tonne p.a. therefore with high quality / fe pellets business could deliver $140m NPBT for 12 months C2018 (assumes premium + toll profit at $50/t). Not high capex on near - med term and with the next 6-12 months sales at with high premium for supplier of 65%FE pettets then GRR should be swimming in cash thus dividends / specials and buyback alternatives may arise.
 
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