Well this last quarter is an improvement, why do they leave it to Friday arvo after the market is closed.
The cash is down , although the trade receivables bring it back to the cash holding of the previous quarter . The big improvement is the pellet stock pile which is up by 190,727 tonnes to 240,342 and at the current pellet price the extra pellet stock produced is equal to AUD$25.5 million. So not a bad result.
What do you guys reckon?
Will I get the remainder of my 12.5c purchase? Maybe not, been sitting at the top of the 12.5c buys for a few days now, just picking up the scraps.
Ann: GRR - Quarterly Report for 3 months ended 30 September 2017, page-5
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