ILU iluka resources limited
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$50 plus million per year - what's it worth?

  1. Valin
    6,072 Posts.
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    21/04/09
    18:51
    Post #: 5036088
    I'm just wondering if anyone has any knowledge on Mining Area C which BHP and its JV partners produce iron ore from.

    What could this increasing revenue source for Iluka be worth?

    Why hasn't BHP made an offer for it?

    Why don't Iluka spin off this asset into another company and give existing shareholders an in specie distribution of shares. It's a non-core asset for Iluka.

    Would love to hear others thoughts

    ILU Price at posting: $3.10 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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$5.84 		Change
0.150(2.64%) 		Mkt cap ! $2.509B
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