Bullish tip on Grangex, a near-production ultra-high-grade iron ore developer restarting the Sydvaranger mine in Norway.
GRANGX β LONG The author argues Grangex is a near-production, ultra-high-grade iron ore developer restarting the Sydvaranger mine in Kirkenes, Norway, with FID targeted Q1 2026 and first ore Q4 2026. The project has a ~25-year life of mine, 100% of production sold to Anglo American, which can provide bank-like project lending, and a $37m royalty removed by Anglo improving economics. The stock trades at a material discount to DFS NPV, with own rail and deep-water harbor as infrastructure advantages. Main stated risk is the general 'good risk, good reward' framing of a junior miner.
STOCK TIP: Grangex (GRANGX, First North Stockholm) βnear-production, ultra-high-grade iron ore developer with potential near-term explosive upside
This Reddit post, published January 21, 2026, features u/Separate-Permit2522 discussing GRANGX. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Separate-Permit2522 · Tickers: GRANGX