Are GRR management having a laugh ?

Unless GRR management improve and deliver a 1c divy the SP movement will be another dead cat bounce....management have lost touch with shareholders IMO

I recall a mistake last year in their reporting where they undervalued the % increase on production and now i notice on page 3 of the 2016 AR they say "2017 PRIORITIES Grange is Australia’s proven, safe, reliable, long life producer of premium quality Haematite pellets. Grange is committed to the local community of North West Tasmania and makes a significant contribution to the state economy."

Are GRR management having a laugh at shareholders - when did they begin producing haematite pellets ? Maybe academic.... but i feel it is further evidence that they take little care in their announcements.