Iluka's quarterly would have helped sentiment today, but the sell volumes are slowly being exhausted by the large daily volumes we've been seeing. With the overhang of the capital rising behind us, the share price should be free to move higher again. Nothing is certain if Hunter Hall are still on the register, but the underlying value of the business will only become clearer with time. Ongoing debt reduction and news flow from Kwale exploration and Toliara project studies have the potential to really move the share price over the coming 3-6 months.
