With higher levels holding buyers are putting in the ground work for a new leg higher

Potential Buy Entry Alert to Watch GRR

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $243.04 Million Market Cap, VWAP 0.205, ASX Ranking 497, 4 Week Av Turnover $118,311, Current Turnover (Intraday as at time of alert) $60,752.

Company Overview : Grange Resources Ltd (GRR) owns and operates iron ore mining and pellet production business located in the northwest region of Tasmania. GRR focuses on magnetite projects in two main areas, namely, Savage River Operation and Southdown Project.

Broker Consensus : Not Covered

GRR – Grange Resources Limited

GRR has spent a lot of time putting in the groundwork to build a solid base for a new leg higher. Buyers are holding higher levels so we are now on watch to take advantage of the next thrust higher as price expands into new highs.

Stock Code : GRR – Grange Resources Limited

Company Website : www.grangeresources.com.au

Current Price : 0.21

Status : On watch for potential higher low and buy opportunity