How to buy Iltani Resources (ILT) Shares

Want to start buying ILT shares but not sure how? Follow the steps below to invest in Iltani Resources on the ASX.

1. Find an investment platform

To buy shares listed in Australia, you'll need to sign up with an investment platform that has access to the ASX. There are a number of investment platforms in Australia, of which Stake is one.

2. Fund your account

Complete an application with your personal and financial details. Fund your investment account with a bank transfer, debit card or even Apple/Google pay.

3. Search for Iltani Resources ($ILT)

Find the share by company name or ticker symbol: $ILT. Do your own research to ensure it is the right investment product for your own circumstances.

4. Choose an order type and buy ILT stock

Buy on any trading day with a market order or use a limit order to delay your purchase of ILT shares until it reaches your desired stock price. Look into dollar cost averaging to spread out your risk, which smooths out buying at consistent intervals.

5. Monitor your investment

Optimise your portfolio by tracking how your stock and the business perform with an eye on the long term. You may be eligible for dividends and shareholder voting rights that affect your stock.

Iltani Resources overview

Mining company Iltani Resources has listed on the ASX and aims to explore its landholdings for several metals. They’re focused on the Herberton Project in northern Queensland, which has several high priority targets across its 300 km2 of landholdings. 

There’s been some historical mining at the site and Iltani has a drill program planned to gather more information about the geology. Initial work has found silver, lead and zinc at Herberton. There are also traces of antimony and indium, which are in demand due to their uses in batteries and touch screens respectively. 

Iltani has applied to acquire the Cambrian Mount Read Volcanics Project in Western Australia. The team expects to complete studies to determine targets for a drill program. There are similar tasks planned for their Rookwood Project, near Rockhampton in Queensland. Both of these assets are believed to contain copper, lead and zinc minerals. 

Their Northern Base Metal Project is also in northern Queensland. Iltani expects to investigate two areas for copper and zinc, having identified the Frewhurst and Mount Mist targets based on older drilling data. At a later date, they could also look for gold at the Southern Gold Project asset around 100 km from Brisbane. 

Iltani could provide investors with exposure to a range of metals, but their projects are at a relatively early stage. The results from their exploration activities could affect the future of the company and its share price. 

Iltani Resources (ILT) IPO details

Iltani Resources has filed its prospectus with the Australian Securities and Investments Commission (ASIC) in order to be listed on the ASX using the ticker symbol ILT. Read more in the Iltani Resources prospectus.

You can take a look at the top shareholders in ILT in this document.

If you're considering investing in the Iltani Resources listing or other upcoming IPOs, sign up today.

This article focuses on how to buy specific securities, however, it is not a recommendation to invest in them and should not be taken as financial advice. Do your own research and make your own decisions, or even consider getting advice from a licensed financial adviser before investing.