I suspect many are attracted to the pellet prices and GRR cash...

I suspect many are attracted to the pellet prices and GRR cash and receivables often above market cap SP. 

Some time ago PhoenixAM2017 posted an historical utube video of GRR circa 1968. They appeared to have a handful of dinosaur trucks and mining looked pretty 1960's. I posted that back then that GRR had a plan for 2.5 mt/yr of pellets 50 years ago! https://hotcopper.com.au/threads/pellet-price.3832643/page-645?post_id=35427387

Fast forward 50 years to 2018 and its unlikely GRR will deliver 2.5 mt of pellet to market. If GRR were to make another video how would it look ? Technology has leapt forward, purchased more modern trucks $$$, (pipeline is the same), new auto mills - said to improve production, rainfall hasn't increased but production is hampered by this, new $M's SDTSF, excellent prices but sales not in sinc with this, and output has decreased despite these advances - just a paltry 2.? mt pellet sales for the year !  

GRR performance is dismal, Apart from going UG, GRR have not acted on ideas, no strategy or if they do there is no plan to communicate any of it .....where are plans to increase production or genuinely develop Southdown ? Instead all we get is that the licenses are being kept in good order......and we are told that shareholders "need to be patient and give the management team and our board time to demonstrate what we think is the right decision and the right strategy for the company." see Shagang has previously been deemed an associate of Grange's second and fourth biggest shareholders  

Smarten up GRR and deliver on strategy that improves SP for shareholders.