GRR grange resources limited.
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Ann: Updated Resource & Reserve Statement - Savage River, page-5

  1. joca
    644 Posts.
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    04/04/18
    17:57
    Post #: 32221468
    I am sure I have read mining life was 20 years and it had been increased to 30 years anyway if you compare the main highlights of this report compared to last years.
    374.4 @ 47.6% vs last year 377.5 @ 47.7%
    and ore reserves at savage river 83.4Mt @ 52.5% vs last year 86.6Mt @ 52.5% I would say 30 year mining life was reasonable .
    I have no idea of mining calculations just working out what we are using compared to last years report would this be correct?
    GRR Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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