MIO 11.8% 5.7¢ macarthur minerals limited

Very possible Ogrady, Ellison must be looking over the back...

  1. 216 Posts.
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    Very possible Ogrady, Ellison must be looking over the back fence at Koolyanobbing with a tinge of envy. As Mineral Resources statement yesterday states reduced earnings from "widening discounts" of iron ore. Our premium ore at 65%+ would be just the cure. The timing of the spinout of Infinity Mining making us a pure iron ore play possibly making us more palatable for the 'big fish' Iron Ore companies searching for high grade is also interesting. Our background with Glencore giving us a tick of approval doesn't hurt either! Looking forward to the next few weeks. Cheers
 
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