MIO 0.00% 6.0¢ macarthur minerals limited

Ann: Proposed issue of Securities - MIO, page-7

  1. 371 Posts.
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    Potentially yes who wouldn’t like to get hands on very advanced iron ore project in current environment, If your thought materialise into reality then I suspect FMG can be potential suitor as Mr. Twiggy Forrest is good mate with MIO’s financial advisor EAS boss Eddie Sugar as Eddie got FMG more than billion dollar finance when FMG was heavily in debts and at expansion phase few years back. But what do you think about other tenaments they are holding e.g. Hillside projects, lithium Brian in Nevada, also they also found Nickel and Magenese while they were exploring Hillside tenaments apart from copper and gold. If Lake Giles comes into production MIO can become another Mineral Resources Limited (MRL) diversify resource company which I am betting on that management is aiming for that in long run IMO.
 
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