GRR 2.08% 23.5¢ grange resources limited.

Mining & production costs in the half year accounts totalled...

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    Mining & production costs in the half year accounts totalled $110.8mil and from the quarterly reports we can work out that March qtr was $53.0mil and June qtr was $57.9mil. So the prediction of $59.0mil for Sept qtr is probably reasonable having regard to increasing headcount. We have been told it was very wet in July & August and it's hard to reduce your workforce in those circumstances, so you've got to pay them whether they're on their tractors or playing cards in the staff room.
 
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