ILU 3.49% $5.80 iluka resources limited

Oh dear.Not a great qrtly.Idling of SR2 after a record year?...

  1. 526 Posts.
    lightbulb Created with Sketch. 571
    Oh dear.

    Not a great qrtly.

    Idling of SR2 after a record year? Weren't we on the verge of restarting another kiln last year? SR stocks must be massive to consider this move. Slightly better news re. customer dispute but the 4KT shipment commitment will not go far.

    It is interesting to see increased Illmenite sales, obviously at the expense of SR.

    SRL performance has not improved either, Covid is probably still a valid excuse in Sierra Leone but I haven't seen any evidence of a solid plan going forward.

    I'm no longer convinced in the Managment of this company under Tom.
    Last edited by berocca11: 27/01/21
 
watchlist Created with Sketch. Add ILU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.