The fact of the matter is that Iluka have a legal responsibility and obligation and a massive financial liability with the rehabilitation of Jennings farm. An estimated cost of $3-5 billion dollars. A financial liability that exceeds the value of the company.
Solely holding Iluka to account to carry out the obligations and responsibilities.
Alcoa have not rehabilitated nor have Iluka. Oh the parallels.
ILU Price at posting:
$6.58 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)