On top of great cash margins propped up by 32 USD pellet...

On top of great cash margins propped up by 32 USD pellet premiums that will safeguard cash generation until the IO market recovers, our company has incurred most of the capex required for the next 5-7 years. This is very different to most IO players that have been diferring capex for the sake of balance sheet health as they are very much indebted.
So our company is emerging from the ugly downtrend stronger than how it entered it. Two sources of ore now, brand new infrastructure, great cash pile, same share count. Reserve life massive, 50 years. Only company emerging also stronger is Fortescue, kudos to them.
But given our share price, Grange is by far the best play in all of the mining space.

Oh and another thing. All these rubbish about the Chineese running the place.. These guys work for half the remuneration Aussies receive. Just 4 million overheads on 250 million revenue. Chew on that for a minute..