ILU 1.68% $6.64 iluka resources limited

Ann: Eneabba Rare Earths Refinery Update, page-7

  1. 11,092 Posts.
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    One analyst at the half year - B/J said the thought the cost blow-out would be 1.6b - in the oz newspaper. ILU have said 1.5b average expected cost. But last time they seemed to be saying they have tricks up their sleeve, and was on time. This time we have no mention of tricks - so whatever they planned must have fallen through.

    Also a year later commish date costs money as well.

    SFX is about to get pumping - might see the impact in the next 6 months or so.

    Market seems to have a lot factored in however.
 
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