zircon price market research, page-45

Hi Guys
Good news
Asianmetals headline reads Iluka up Zircon prices for quarter 4
Great timing , low AUD, and higher ZR from block C which they have been mining since September bodes very well for not only next quarter but calendar year 22.
From start of April ( and assuming a 175 USD increase aligned to Tronox from 1 oct ) zircon would be up 370 USD in 6 months. Add this to elevated TI prices and 80m cash flow over next 4 quarters is in the bag. Inventory will be monetised in quarter 4 for over 600 AUD, most likely 620 ish. They will end the year at around 90m -95 m cash if they monetise a good chunk of inventory
I said it before and i will say it again and again , one buys IMA for current cash and inventory and Boornanaring cash flow.
Atlas and Biddimina is being bought for free and Atlas one would imagine has at least 220m value on a DCF basis.

IMA should be valued at low 32ish and yet it trades at 17c