GRR 2.08% 23.5¢ grange resources limited.

Quarterly predictions, page-109

  1. 2,798 Posts.
    lightbulb Created with Sketch. 129
    spot on with cash & receivables estimate ... well done.  

    sadly, 1 more boat in December rather than January and the net movement in cash / receivables would have been A$13m rather than A$9m ... but alas!!!

    the lower concentrate production is a little annoying and I'm not sure I understand why.  as a matter of curiosity @miningnut, do you know the maths underpinning the quoted weight % recovery?

    re dividends ... sadly, nothing in these numbers to see moving from the 1c likely .  10% yield (fully franked) is not the most unfortunate outcome I suppose but it does bother me that they continue to accumulate cash for an undisclosed agenda.

    have a great day.
 
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