ILU 3.62% $5.73 iluka resources limited

Ann: Review of SRL Carrying Value & Australian Rehab Prov Adjust., page-5

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    In addition to the above, I listened to the conference call today. Management was asked a few questions the statement in today's announcement "Recent work to assess the potential of alternate mining methods has yielded encouraging results with field trials planned for the first half of 2020. Outcomes of these trials may support potential extensions to the existing mining areas". However, management did not answer the questions around is this a new resource or is it part of the existing resource estimates. I felt this was very poor - management should be able to provide information to the market about future plans.
 
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