ILU 3.69% $5.75 iluka resources limited

An interesting juncture, Swaggy.ILU will be worth A LOT once it...

  1. 5,535 Posts.
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    An interesting juncture, Swaggy.

    ILU will be worth A LOT once it has the REE refinery-metallisation chain up and running.

    Meanwhile... Hmmmmmmmm. I see it going to that nirvana via a low of $X.XX first.

    The hard question is: What is $X.XX????

    My current estimate would shock and appall holders. There are many unknowns in this journey, buffeted by forces larger than you and me, yet I remain supremely confident of the eventual outcome.

    I dont 'trade' my positions as much as average down on opportunity. There are many players smarter, better informed and faster on their feet than me. This is a caution learned the hard way.

    Ash
 
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