GRR 4.08% 25.5¢ grange resources limited.

Pellet Price, page-47

  1. 267 Posts.
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    Good work mmoore. My figures for 2017 are in line with yours which gives me some comfort in the model I developed.

    The proof of the pudding will be the Year End result.

    Regarding the 2018 projection, lets hope they can hit your figures. Your figures are about 25% more bullish than mine. Either way, it looks like 2018 will be a great year. My preference is that they hit your number.

    Your projected share price values would be great. I cant understand why it has traded where it has and is still less than 20 cents. I suppose there is too much money chasing lithium, cobalt and nickel stocks at the moment.

    Who wants shares an iron ore producer, which should earn over 8 cents per share in 2018 and be able to buy the share for less than 20 cents.

    Cant stop shaking my head in disbelief.

    Thanks for the great analysis. I am sure those on the GRR thread, appreciate it.

    DYOR
 
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