Thanks for the thread guys.
The Planning survey ends 29th October, so a determination should be made shortly after that. And as both Joe and Bruton have said, the port is at capacity so unless there is a win everything else is for nought.
Bruton was clear distinguishing ‘green steel’ from inferior iron ore which is a strong positive, however the timing isn’t great. 90% of China’s top 100 developers had a September sales drop yoy of 30+%. How much will the flow on effect stymie a successful BFS?
While it’s competitors are put on hold I expect MIO to proceed promptly and take advantage of future IO surges/ environmental building mandates. There should not be any knee jerk reactions, and the current IO price is not a satisfactory excuse for failure.
Best of luck to shareholders and management. I wouldn’t want to see anymore off market transfers until the BFS is achieved.
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Thanks for the thread guys. The Planning survey ends 29th...
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Mkt cap ! $2.995M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $390 | 26K |
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No. | Vol. | Price($) |
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1 | 174000 | 1.5¢ |
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Price($) | Vol. | No. |
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1.8¢ | 15000 | 1 |
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No. | Vol. | Price($) |
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1 | 174000 | 0.015 |
1 | 100000 | 0.014 |
1 | 100000 | 0.013 |
1 | 250000 | 0.012 |
1 | 333333 | 0.009 |
Price($) | Vol. | No. |
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0.018 | 15000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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