Goldboy the recent news moved a portion of MMS/MIO iron ore resources to a 'measured' category and the market is realizing the magnitude of the project. This is only presenting an approach to fair market value. Just about any way you look at it the share price is still discounted, IMO. Of particular interest to me is the expected Esperance port access which in previous company news 2012/2013 more than tripled the MktCp. The wind is in the sails now.
MIO Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
