GRANGE RESOURCES LIMITED. — Interim / Quarterly Report 2021

Aug 24, 2021

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Appendix 4D

Half year report

Name of entity

GRANGE RESOURCES LIMITED

ABN

80 009 132 405

Details of the reporting period and the previous corresponding period

Current Reporting Period The half year ending 30 June 2021 Previous Corresponding Reporting Period The half year ending 30 June 2020

Results for announcement to the market

				6 months to		6 months to
				30 June		30 June
				2020		2021
				$’000		$’000
Revenues from ordinary activities	Up	86%	from	242,019	to	450,572
Profit from ordinary activities after tax (beforesignificant items) attributable to members	Up	207%	from	67,003	to	205,914
Profit for the period attributable to members	Up	207%	from	67,003	to	205,914

A commentary on the results for the current reporting period is contained within the interim financial statements that accompany this announcement.

Dividend information

The Directors have resolved to pay an interim dividend of 2.0 cents per share.

Net tangible asset backing

	30 June	30 June
	2020	2021
Net tangible asset backing per ordinary security	$0.51	$0.77

Details of entities over which control has been gained or lost during the period

Not applicable.

Details of any dividend or distribution reinvestment plans in operation and the last date for the receipt of an election notice for participation in any dividend or distribution reinvestment plan

Not applicable.

Details of associates and joint venture entities

a) Details of associates

Not applicable.

b) Details of material joint ventures

Name of joint venture	Ownership interest
Southdown Project unincorporated joint venture	70%
Grange ROC Property Pty Ltd.	51%

For foreign entities, which set of accounting standards is used in compiling the report (e.g. International Accounting Standards)

The interim financial report for the six-month period ended 30 June 2021 has been prepared in accordance with Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements.

If the accounts are subject to audit dispute or qualification, a description of the dispute or qualification

Not applicable.

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Michelle Li Chairperson of the Board of Directors Perth, Australia 25 August 2021