GRR 2.08% 23.5¢ grange resources limited.

We managed to make nine shipments in Q2 totalling 688kt pellets...

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    We managed to make nine shipments in Q2 totalling 688kt pellets and I'm expecting that will be the minimum in Q4 which will give us $A150mil in revenue(presuming current prices hold) with very little increase in costs. On my calculations, this would give us $285mil in the bank at 31Dec(24.6c/share). Actually expecting ten shipments in Q4 totalling 768kt pellets worth $A167mil that would give us $300mil at 31Dec(25.9c/share) remembering we had $194.4mil at 30Jun(16.8c/share).
 
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24.0¢ 24.5¢ 23.5¢ $96.74K 403.4K

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