Great work moory, there is no doubt the strong pellet premiums are driving GRR share price and demand for cleaner, higher quality pellets driving the premium, change which is not lost on other exporters...
Need FD and ID in the calcs to reward long suffering shareholders and will drive SP.
Apparently structural change is happening and it wasn't that long ago the GRR SP was below cash in the bank! As the SP"wallowed" (IMO) it appeared nothing would/could be done. The premium for pellets seemed fixed like GRR high costs which were unfairly compared to bulk lower grade exporters.
Agree - the re rate must understand GRR fundamentals of a low cost producer of high quality pellets not another minor iron ore miner
GRR Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
(20min delay)
