MIO macarthur minerals limited

Thanks for the thread guys. The Planning survey ends 29th...

  1. 408 Posts.
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    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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