GRR 3.06% 25.3¢ grange resources limited.

Quarterly predictions, page-25

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    Brazil Pellet 65% Fe CFR China
    19/3/2018 USD 119.5

    AVERAGE for period commencing 2/01/2018 and finishing today is
    USD 126.0+ (quick calculation)
    Period maximum USD 130.3
    Period minimum USD 119.5
    As far as I know quality of GRR Pellet is on par with Brazil Pellet.
    Fright cost USD 15 per tonne is not an exact figure but hopefully it is realistic, anyway it changes with demand.

    What really worries me is the geology of the mine.
 
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