GRR 2.08% 23.5¢ grange resources limited.

Q4 predictions re-jigged due to extra Tigris shipment to Port...

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    Q4 predictions re-jigged due to extra Tigris shipment to Port Kembla. Last quarter's figures in brackets:
    1) Average sales price received US$119.50/$A166.90(US$132.41/$A181.96)/t
    2) Unit cash operating cost $A98/t($A148/t)
    3) Concentrate production 650kt(399kt)
    4) Cash at bank $A214mil($A209mil), Trade receivables $A28.5mil($A24.5mil)
    5) Pellet production 640kt(437kt)
    6) Pellets sold 467kt(499kt)
    7) Pellet stockpile 311kt(138kt), Concentrate stockpile 15kt(5kt)

    Reconciliation of cash at bank$A)
    Cash at beginning 209.3
    Sales revenue +84.0
    Increase in receivables -4.0
    Mining & production costs -64.0
    Royalties paid -2.5
    Admin costs -1.8
    Income tax paid -3.5
    Interest received +1.5
    Exchange profit +2.5
    Property JV contribs -3.5
    Exploration costs -4.0
    Cash at 31Dec 214.0
    2018 19 Grange ships.pdf
 
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