GRR 5.26% 36.0¢ grange resources limited.

Dear All, From recent communication with management I can...

  1. 112 Posts.
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    Dear All,

    From recent communication with management I can confirm that our company continues to over perform. The executive board engaged in oil hedging last month, effective locking in most of their fuel bill at very low oil prices (circa 55 Usd/brl).
    A capital management program is under consideration and yes a buyback is on the table.
    Current pellet prices around 89-90 Usd.

    Keep buying boys, commodity prices on uptrend in general.

    Glta
 
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38.0¢ 38.3¢ 35.5¢ $1.161M 3.169M

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1 14701 36.0¢
 

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37.0¢ 292464 8
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