The interesting thing is due to grade the Tiwi islands should be the most profitable zircon producer in the world, not hard as even ILU is having to take share placements. However due to stuffed up management it was run at a loss ny Matilda. It was easy for them to blame the damage to Port Melville as the reason zircon could not be exported but the damage to the port was minimal and could have easily been fixed in 2 weeks instead the port is still damaged and they are having to use skips transprted by telehandlers to barges for moving the zircon.
OLY Price at posting:
4.0¢ Sentiment: None Disclosure: Not Held
