GRR 4.76% 30.0¢ grange resources limited.

When the boat comes in???, page-1453

  1. 22 Posts.
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    If you're new to GRR, just go ahead and buy FMG.

    re: GRR, you may want to double check the part in their annual report about $131m in related party transactions.
    It's good to clearly understand this and what it means.

    Also you should want to understand why margins are decreasing, despite surging IO prices, why management are buying townhouse apartments, terrible exploration results ...etc. - but management are still holding out hope!! Honest management really matters, that's all I'll say on that.

    You also have to understand their IO reserves - and what's remaining- clue: you can't ship what you don't have.

    I get the dividend yield thing, but other miners are just as high.
    Those still waiting for when the boats come in. I genuinely wish you the best of luck.
    Last edited by ausyt90: 16/10/20
 
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