Autosime
Broker assumes flat prices, so has downgraded its future profit forecasts and it sees risks of cost blowouts at Eneabba. Downgraded price target from $11 to $10.50 and from hold to sell. Share price is now below the revised target.
Mahala
I doubt they are trying to support prices by building up stocks. There is a scheduled 2 month outage in synthetic rutile production this half, so they are probably just smoothing out sales.
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News: ILU Iluka Resources Says Qtrly Zircon/Rutile/Synthetic Rutile Production Of 217Kt, page-10
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