| Grange Resources - AGM Presentation - 11 May 2016 | |
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World map
Australia's most experienced magnetite producer
AGM Presentation May 2016
Company Highlights
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Most EXPERIENCED magnetite producer
49 years of operational experience at Savage River
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STRONG Safety Culture
Over 1 year LTI free achieved April 2016
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LONG LIFE producer of PREMIUM iron ore pellets
High quality ore reserves (~ 51% DTR) producing ~65%+ Fe BF pellets
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STRONG balance sheet
$138m cash and equivalents at 31 Dec 2015
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PRESERVED balance sheet strength with disciplined operational planning and execution enabling internal funding of critical mine re-development
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Advanced GROWTH Project
Search for a quality equity partner in the Southdown Project continues
May 2016 Slide 2
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Company Overview
May 2016 Slide 3
1.1 Company Assets
Australia's Most Experienced Magnetite Producer
Savage River (100%)
Southdown Project (70%)
Focusing on the
fundamentals
Searching for an
equity partner
Quality assets in Tasmania and Western Australia.
May 2016 Slide 4
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
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CODE : GRR.AX |
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ISIN : AU000000GRR8 |
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ProfileMarket
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Asset profileContact Cpy |
Grange Res. is a gold and iron development stage company based in Australia. Grange Res. holds various exploration projects in Australia. Its main asset in production is SAVAGE RIVER in Australia and its main exploration properties are SOUTHDOWN, REWARD DEEPS and WEMBLEY in Australia. Grange Res. is listed in Australia and in Germany. Its market capitalisation is 10.9 millions as of today (US$ 7.0 millions, € 6.6 millions). Its stock quote reached its lowest recent point on October 19, 2001 at 0.04, and its highest recent level on June 10, 2022 at 1.79. Grange Res. has 47 442 200 shares outstanding. |