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Iluka released there 2010 Full Year Results today. :1luvu:




Well i was right about the market pricing in something good :D ILU has been hitting all time highs since December and today the SP hit yet another all time high of $10.81 on the back of today's 2010 Full Year Results.


Its fair to say the results were somewhat spectacular. :cool: YOY highlights.


  • Mineral Sands Revenue up 51%
  • Mineral Sands EBITDA up 230%
  • Group EBITDA up 205%
  • Mining Area C royalty (BHP) up 51%
  • Net debt down 18%
  • Dividend reinstated 8 CPS


http://www.iluka.com/Default.aspx?page=130&did=713


The write up in the Australian reckons that the Zircon price could double again in 2011 :eek:


http://www.theaustralian.com.au/business/mining-energy/iluka-shares-soar-as-profit-trounces-forecasts/story-e6frg9df-1226012128222

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I'm just so happy i gave such a high priority to buying ILU shares when i did, ILU was a must have, core portfolio stock for me....i would imagine that ILU would be the only ASX100 stock hitting all time highs today, or pretty much this year. :)

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