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6.0¢ macarthur minerals limited

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Grizzle1

1,583 Posts.

480

16/01/20

08:44

Post #: 42406003
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Originally posted by Kotaredrew ↑

It is an interesting one. Low share issue and projects attractive, has it finished its fall? Needs to raise money to get the mine up and running from a quick read- is that right? How strong the offtake- will they throw money in? Certainly not on many radars- but if it gets going the iron ore potential pretty big.

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It's been badly mauled by speculators on the Canada market... Glencore must be confident but they need PFS to leverage debt finance component first... Wildly undervalued until Oz market picks up scope of risk/reward here.

MIO Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.0¢		Change -0.020(25.0%)		Mkt cap ! $11.97M

Open	High	Low	Value	Volume
6.7¢	6.7¢	5.5¢	$20.20K	312.2K

Buyers (Bids)

No.	Vol.	Price($)
1	242	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	30000	1

View Market Depth

No.	Vol.	Price($)
1	242	0.063
2	3043	0.061
1	16000	0.060
1	100000	0.057
1	29318	0.055

Price($)	Vol.	No.
0.065	30000	1
0.070	50000	1
0.075	1050	1
0.085	50000	1
0.086	100000	1

Last trade - 14.25pm 09/09/2024 (20 minute delay)

MIO (ASX) Chart