Catching up on some research so PTR'ers are most likely already familiar but it looks like Iluka's big prospect is the WIM deposit. Apologies if this has already been posted. Of course, Iluka's got a diversified business with processing, marketing and agreements, and many other deposits which make them a multibillion dollar company. Sounds like the quality of PTR's deposit could be much better and I'm looking forward to more results from PTR to see if we've got something comparable to WIM in scale. Would make the maths a lot better than Iluka's margins as per my understanding. I wonder if this will make PTR a takeover target if they can get the scale? https://www.iluka.com/media/t5nctvdr/wim100-mineral-resource-estimate-update.pdf
PTR Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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