mineral sands next in the resource chain, page-8

Oscar there is little downside with this IMHO. Unless the Chineese decide to put concrete toilets and vanity units in their sky scraper apartments I would say their will be plenty of demand for zircon in the next few years.
Kalimantan production is the only risk to increased supply note Kiernann of TTY a previous director of AZC now is a major owner of OLY
Iluka cant really fill the zircon demand although it controls around 40% of the market its equipment is falling apart so you are left with a few niche players
Here you have a company with a cap of around 40M with a loan of I am guessing $30M that is targeted to make around $25M in the next 12 months plus has a Resource at WIM150 that gives blue sky 5 years out using a similar blueprint to what they have at Mindarie
My biggest concern with this is management have proven to be a little average, I hope johann jacobs takes over from wilton as start up was too slow and no one took responsablity for that also a staff of 85 for such a small operation seems like the company is operating a charity to support the local hard up farmers in a job.
Wilton is too soft IMHO and I feel needs to find a new career.