GRR's COO and CEO were interviewed in today's Advocate (newspaper in the Savage River area). For copyright reasons, I'll just summarize the highlights along with choice quotes:
When asked if the SD decision had negative implications for Savage River, the COO said just the opposite; they are concentrating more on SR. The COO said GRR planned to "open up" Southdown when "the world project market settles down and becomes more amenable to funding projects in Australia". Mehan added that the SD decision was in the best interest of shareholders.
The article notes that GRR had $71 million in sales revenue in the September quarter. Significantly, the article says that GRR "was expecting better ore grades, increased production and lower production costs per tonne in the current quarter."
update from advocate article
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