I am an Iluka share holder and would like to see these guys (being Iluka directors) realise some of the potential in their huge landholding for other minerals. Sure they've done well in exploring for mineral sands but how about they get serious about exploring for some of the other minerals that most likely exist in their licenses. Look at how close Stellar Resources uranium licenses are to Iluka's Eucla Basin licenses.
C'mon Iluka give your shareholders a bit of an additional bonus (your share price rise over the last 3 years is well below BHP's SP rise). I believe BHP's most recent share price rally can be attributed to their relatively recent acquisition of WMC - and Olympic Dams uranium upside. Show some growth aspirations you directors - as a shareholder I am becoming tired of what I perceive to be a willingness to maintain the status quo. You don't have to contain growth to new mineral sand mines. How about exploring for other minerals that could be found on your licenses? This might see the shareprice trade at premiums to the currently conservative earnings multiple. Consider the market cap of Fortiscue Metals and Paladin - as yet not producers.
Imagine what could happen to Iluka's SP if it found a rollfront uranium deposit at one of it's Eucla Basin Licenses???
Directors might even like to consider how it would effect their performance bonuses???
Disclaimer: the above post is not to be considered fact or advice in any way whatsoever. It is purely for entertainment purposes. It is probably a good idea to seek the advice of a licensed financial advisor if you plan on making investment decisions/transactions.
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iluka resources limited
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Last
$5.84 |
Change
0.150(2.64%) |
Mkt cap ! $2.509B |
Open | High | Low | Value | Volume |
$5.69 | $5.94 | $5.62 | $25.95M | 4.448M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 130 | $5.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.85 | 850 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 130 | 5.830 |
1 | 59 | 5.820 |
3 | 8734 | 5.810 |
6 | 36306 | 5.800 |
2 | 13720 | 5.790 |
Price($) | Vol. | No. |
---|---|---|
5.850 | 850 | 1 |
5.870 | 3851 | 2 |
5.880 | 5100 | 1 |
5.900 | 8500 | 1 |
5.940 | 1500 | 1 |
Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
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FUTURE BATTERY MINERALS LIMITED
Nick Rathjen, MD & CEO
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