Ann: Successful Placement of $2.1M for Expansion of HMS Drilling, page-72

  1. 993 Posts.
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    Hi PICT,

    Sorry if this is a really stupid question, but why is ILU stacks ahead in SP compared to the other dozen or so? Perhaps it is as simple as they do more than just exploration.... i.e. they are actually mining? It's quite a massive difference in SP and MC. They seem to have been around for a long time too - 5 years ago they were sitting at the low $3's.

    I do note they do indeed have a few additional "adjectives" in their description onto of the standard "exploration": Iluka Resources Limited (ILU) is involved in the exploration, project development, mining operations, processing and marketing of mineral sands.

    I really want to see MRQ fly and get to where it belongs, or more accurately, at least align / catch up with the others in the list when you compare apples with apples. But I guess we are far far FAR away from the ILU maturity.... But imagine getting there one day.... We can dream right? cool.png
 
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