Any insight on 'iluka being taken by wmc' rumour???
Probably good timing for a suitor- new production due from the Douglas Project should increase production plus revenue. Good position if the suitor is looking beyond the current short term strength of the Aussie$ vs US$ crossrate (inmy opinion at the end of the day people like to have their money where the action and innovation is and unfortunately for the Aussie that is in US dollars). Anyhow real Aussie$ price rises have taken place for zircon and titanium products have Aussie$ prices which are just below previous highs in Aussie$ prices
gearing up for another move, page-3
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