A margin is a margin whatever processing method you use , you either have it or you dont and GRR have plenty of it. I doubt anyone would process pellets if the premium recieved was less than the extra cost involved producing them ...
There will be a price per tonne where everyone struggles and a price where they all thrive but its always best to be at the premium end of the market when it comes to margins and cars are a good example of that.
Cheers Whisky
Pellet Price, page-1033
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.8¢ | 23.0¢ | $388.3K | 1.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 650756 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 105687 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |