GRR 2.08% 23.5¢ grange resources limited.

I think I need to recognise that they have already started...

  1. 6,756 Posts.
    lightbulb Created with Sketch. 122
    I think I need to recognise that they have already started drilling in North Pit to evaluate possible underground development so have provided for this expenditure to be written-off. Also added a minor amount to Admin costs recognising they opened a Melbourne office at the beginning of the year.

    Revenues 193
    Cost of sales (136)
    Gross Profit 57
    Admin costs (3)
    Exploration expend (4)
    Net finance income 5
    NET PROFIT 55
    Last edited by miningnut: 30/06/18
 
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