At IPO MIO was exploration company and “I believed in the potential before I see it” now after demerger of Infinity, MIO left with Iron Ore, So now “I believe once I see it” and that is when BFS with financing and port agreement completed until then I don’t believe in what Andrew Bruton & his team tells market. Green steel, high grade iron ore, carbon neutral production are all know facts so wouldn’t interested to listen about them, only interested in whether MIO Management can deliver economically viable project or not and so far delays don’t give much confidence.
MIO Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
