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  1. PubLunchMan
    5,261 Posts.
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    19/04/09
    21:05
    Post #: 5028144
    ILU announced that zircon sales are down but importantly (for GUN shareholders) prices will remain strong during the current downturn- with ILU being the world's biggest zircon producer they have the luxury of dictating global prices.

    Providing GUN can secure off take agreements with potential customers IMO they are still in a strong position to attract a JV partner...

    JB

    PS: To keep the Chinese honest, David Harlee recently traveled to Dubai, so far with postive responses...
    GUN Price at posting: 8.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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