When the boat comes in???, page-181

To clarify what I said earlier. Coming back to GRR after I sold my initial holding a few years back and have accumulated a modest holding. I still think that I will continue to do that so long as the SP is under 30 cents. 25 cents does represent a resistance level to some extent based purely on the dividend return (using the level of a banking share as a guide). What I do find attractive with GRR is that there remains some potential IF production can increase and that will be largely down to the WA venture. In my humble view, is that the only thing keeping the SP down as low as it is, relates to the size of the company. GRR is a very successful small operator with a small single source of supply. That could explain why the SP does not reflect the true value and strength of the company.