GRR 0.00% 25.5¢ grange resources limited.

Ann: Market Update - Southdown Magnetite Project, page-3

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  1. 6,756 Posts.
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    It sounds very positive and there is probably someone that has expressed strong interest that has brought this to a head.
    We can now dust off all those previous posts on the subject such as hands off cash flows and dividends from the Tasmanian operation so if GRR retains an interest it has to be in a separate vehicle such as an IPO with entitlements to GRR shareholders.
    It could be a windfall for current shareholders with maybe the major shareholder taking us out by a very generous takeover.
 
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