Thanks miningnut.
I read the PACE Today report that you posted. Despite its age it gives a great insight into what Grange has achieved with its capex program over the last 5 years.
With a 19% mill throughput increase the company is in a fantastic position to capitalise its improving cashflow and profitability. The desire in China to reduce pollution, especially from steel mills hopefully means Grange has a growing demand from its customers.
The profitability and cashflow run rate coming out of the Dec'17 quarter will likely astound the market and if it is maintained who knows what dividends will be paid and what the SP will do.
GLTAH
Pellet Price, page-170
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