GRR 0.00% 25.5¢ grange resources limited.

Ann: Market Update, page-3

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  1. 15,774 Posts.
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    The truth is GRR looks like it will always be an underperformer. This announcement in my view virtually guarantees AISC above the realised rate , coupled with the lower production and mill upgrades you can expect this quarter and next quarter to be poor and also expect cash to drop circa 25-30 m over the next 6 months . Dividend may also be at risk
 
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