Hi Trippa,
Everything you write is 100% correct except for one element.
Yes the anticipated $100m is great, but it came from iron pellet production. That is where Grange has a fantastic competitive advantage.
That said, I strongly believe the property JV is a fantasy trip down the yellow brick drain. I would rather Grange invest the $8million in developing the Southdown Project in WA and further capitalise on our iron ore pellet production capability. This will generate tens of $millions in earnings and dividends.
Cheers.......Daics
Hi Trippa, Everything you write is 100% correct except for one...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.0¢ |
Change
0.005(2.04%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.5¢ | $249.2K | 1.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31892 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 325730 | 10 |
View Market Depth
| Last trade - 14.39pm 28/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
