"In the meantime, watching the peer Sand company TSL (no cross-promotion, just comparison) ticking boxes and getting to $60 million market cap in the past few months while we're hibernating."
Iluka have tried for 20 years to get their large sulphate ilmenite deposit through the Sri Lankan government bureaucracy and they are not even close to having it ticked off.
Latest Iluka presentation:
Rather be in Africa than Sri Lanka.
Hope TSL holder have patience, they will need it.
P
General discussion, page-6
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