MIO 1.64% 6.0¢ macarthur minerals limited

IMO, I wouldn’t mind to chip in if they had come to SHs for...

  1. 371 Posts.
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    IMO, I wouldn’t mind to chip in if they had come to SHs for fundraising. Good thing is investors are chip in at 55cents and company has deep pocket investors to tape in. Also MIO not getting working capital at high interest rates like other mining companies. I hope retail investors get chance to buy more at discounted rate when it’s come to financing $350m for mine. One thing is sure Lake Giles will come into production and whoever stay atleast until completion of feasibility study will be handsomely rewarded.

    Let’s wait for announcements of new JV partner for Hill Side projects and port agreement for Lake Giles which I believe wouldn’t be far away as management would like to get more brownie points befor the AGM by end of the month!
 
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