ILU 1.65% $6.57 iluka resources limited

Ann: Eneabba Rare Earths Refinery Update, page-29

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  1. 101 Posts.
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    In this day and age and in the 'real world' it is not that hard to directly contact all large domestic and international shareholders of Iluka and make them aware of the obligations, responsibilities and liabilities that the company holds. Those organisations can make their own evaluation.

    Aaahh ' not sure' is the same as have 'no idea'. It could also be suggested of 5 stars for ignorance. oh so common from individuals with little knowledge but like to sprout an opinion of zero value.

    Over the last 20 years there has been profits of around 1.24 billion or roughly 60 million a year certainly not enough for the company's legal and financial responsibility and obligation of rehabilitation with the monies required for completion of the works.

    The unchanged facts of the matter is that Iluka have an enormous legal and financial obligation and liability in the rehabilitation of Jennings farm, an obligation and liability that could no doubt cripple the company.
 
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