Good news. A little distant, though.
ILU talks of a J-A restart in December, hopefully after a big draw-down of that giant yet shrinking mineral stockpile it built up. The cashflows are very good at the moment due to selling from inventory. Plenty available to invest in capex in Australia and Sierra Leone while also knocking down debt.
The $150m write down of Hamilton will make the business appear less profitable than it really is. Hope the market sees through this.
Ash
Good news. A little distant, though. ILU talks of a J-A restart...
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