ILU 1.45% $5.60 iluka resources limited

Pilbara, The onus is certainly not on the tax payer to fund this...

  1. 6,859 Posts.
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    Pilbara,
    The onus is certainly not on the tax payer to fund this project , unless they wish the project to go ahead for strategic reasons.
    And that is the case.
    If there isn't a business case for the project , at the present level of government support, then the company is not obliged to spend shareholders funds to make it go.
    Now , i think the critical minerals program is based on the sinophobia of the US.
    Let them pay for it.
    Cheers.
    ps iluka is a pile of poo management , closely followed by its spinout DRR.
    not bitter stockguru , not even out of pocket , just tired of poor performance.
 
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