strong profits for mineral sands

From today's Eureka Report. Iluka has indentical ground to IMA. Yet IMA SP has tanked massive.

"Last week we featured a recommendation that investors dump Iluka Resources (ILU). This week the sentiment is split on the zircon producer after Iluka upgraded its profit outlook for calendar 2008 from $20 million to $50 million. Strong sales, rising zircon prices and the falling Australian dollar prompted the upgrade, with the company saying it was sure of “robust” demand fundamentals, particularly from China. With the stock closing at $3.83 on Friday, Iluka is way below one price target of $5.30 and another still for $6. Investors are advised to buy Iluka at current prices."