When the boat comes in???, page-1687

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alex123711

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09/12/20

12:46

Post #: 49451476
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Originally posted by hoodle: ↑

Marketing and a good thematic work. I've invested in a some companies that could have marketed themselves as pulling dirt out of the ground but instead choose to tie their PR to the EV thematic. They market themselves along the lines of powering the Electric Vehicle revolution, Many are pre- revenue but all are up over 100%.

Grange has heaps of positives, but no one knows about them. Here are some themes a PR company could exploit:

1) Where can you get a grossed up div of 10% when the banks pay you nothing
2) This company trades on a PE below 2 and is making $90 mil a qtr
3) What company will have more cash than their market cap by May 21?
4) Tassie battler taking on the iron ore world
5) Block caving could transform this profitable miner into a juggernaut

It really doesn't mater overly what the story is, the idea is to get coverage. Then people learn about Grange, they buy the shares, the price goes up. Rinse and repeat.

Alternatively we could continue to do nothing.......

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Originally posted by BobbyMorane: ↑

2c dividends happened in both half of 2012 and on the first half of 2014.

The financial conditions for the first half of 2020 (especially net income, operating cash flow and margin) are very similar and the second half is looking to be even better. The MD has been here since 2010 as well.

So in theory, 2c dividends could be on the cards.

Although, if they are serious about block caving and that secures the future of the company by increasing output and lowering the costs to 60-70$/t instead of 100$/t, I'm all for it. We gotta think past this IO boom, it won't last forever.

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Their current costs are $100/ tonne? That's pretty concerning, what will happen when this IO runup is over and goes back to $60 or below?

GRR Price at posting: 28.5¢ Sentiment: None Disclosure: Not Held
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When the boat comes in???, page-1687

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When the boat comes in???, page-1687

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