GRR 2.33% 44.0¢ grange resources limited.

was basing it off the previous quarter averaging 120usd where...

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    was basing it off the previous quarter averaging 120usd where the standard IO price was averaging 90usd

    in the quarter just gone it was up to 120usd for the entire month of July. or 30% higher than previous quarter.

    would mean in July GRR may have been receiveing around 140-150usd for the pellets. before tapering off in aug and September.

    Time will tell. I think I'm close.

    SF2TH
 
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