"mineral sands is only a modestly rational market at best - a very strange beast"
On the money with that.
I think the chances of you seeing another asx listed australian based sand project coming online would be close to zero. Labor and constructions costs are just too expensive compared to other countries.
You only need to read the Iluka's announcement from yesterday and earlier this year to work that out.
P
GUN Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
