GRR 3.85% 27.0¢ grange resources limited.

Quarterly predictions, page-531

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    Unfortunately it has become necessary to change my Q3 predictions but it's all for the better - one of the shipments is now not a Shagang shipment so the unit price has increased and there is also a hint in the Half Year Accounts that the Brookville land has been sold.
    Final Q3 predictions with last quarter's(Jun21) actual figures in brackets:
    1)Average sales price received US$198.80/$A271.20(US$287.15/$A373.72)/t
    2)Unit cash operating cost $A92.00($A90.16)/t
    3)Concentrate production 685kt(678kt)
    4)Pellet production 665kt(655kt)
    5)Pellets sold 653kt(653kt), Chips sold 30kt(40kt)
    6)Pellet stockpile 191kt(181kt), Concentrate stockpile 25kt(25kt)
    7)Cash at bank $A514mil($A416.4mil), Trade receivables $A53mil($A83.2mil), Combined $A567mil($A499.6mil)

    Reconciliation of cash at bank(incl liquid investments) in $Amil:
    Cash at 30Jun 416.4
    Sales revenue +185.3
    Change in receivables +30.2
    Mining & production costs -63.0
    Royalty costs -9.5
    Admin costs -1.5
    Interest received +2.0
    Income tax paid -14.0
    Property receipts +12.5
    Payout to Property JV partner -8.6
    Exploration & evaluation -0.5
    Plant & Equipment -20.0
    Exchange on USD cash +7.2
    Dividend paid -23.1
    Cash at 30Sep 514.0
    2018-20 Grange ships (Recovered).pdf
 
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