Mineral Sands Industry, page-4

Seals, I would argue that SFX is overvalued and STA are undervalued when looking at the stage their WA projects are at. (And that's not even considering Tanzania). Coburn will soon be re-rated, and it will be in production in less than 2 years imo. (And the Tanzanian licences will eventually be granted too)

Iluka Resources: $4,700,000,000
Mineral Deposits: $349,000,000
Base Resources: $315,000,000
Sheffield Resources: $215,000,000
Image Resources: $124,000,000
Strandline Resources: $46,000,000
Diatreme Resources: $25,000,000