ILU 2.16% $6.16 iluka resources limited

Ann: Quarterly Review to 31 March 2024, page-14

  1. 615 Posts.
    lightbulb Created with Sketch. 161
    Stockguru, in their previous quarterly, ILU said "Average prices agreed to date for Q1 2024 are ~2% lower than the realised price for Q4 2023 (net of accruals), while contracted volumes for premium and standard zircon are up more than 50%."

    Now their telling us net prices actually fell by US$172/tn (8.4%), while volumes only increased by 10%.

    I'd say that was pretty ordinary (the guidance and the result).
 
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