GRR 4.08% 25.5¢ grange resources limited.

Ann: Updated Resource & Reserve Statement - Savage River, page-4

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  1. 406 Posts.
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    GRR's management has consistently avoided telling investors what the life of the Savage River mine is - given that economic mine life is an intersection of product prices, exchange rates, recovery rates, production costs and tax levels, mine life will move around a lot so management's reticence is understandable (on this issue at least). As a shareholder, based on the information provided, I can assume that the mine should be cash flow positive for a good many years yet - how many is a matter of speculation.
 
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