That is a pretty level headed suggestion Samscout - revenue stream and up front cash. At the moment Southdown is an asset contributing nothing so your suggestion shakes the tree considerably.
Maybe Shagang has a very long plan and will develop it in a decade to prolong mining operations in Australia.
Also was not aware of MF's compass issues. Nice bit of historic information. Does this mean that the company has under inferred the ore body? Does this mean that the lifespan of Savage river has the potential of going well beyond 2034?
Substantial Shareholders, page-11
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 25.0¢ | $88.75K | 350.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20287 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 160142 | 7 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
