Our Management Team will now be working on delivering against a...

Our Management Team will now be working on delivering against a number of material milestones that they have set for themselves as we transition from explorer to producer. Chief amongst these will be completing and delivering the Bankable Feasibility Study for the Lake Giles Iron Project which is now materially advanced and entering its final stages. Following completion of the Study we will be working with our financial advisers to put in place project finance to construct our high-grade magnetite mine. With the Feasibility Study nearing completion (and subject to closing of finance) Macarthur anticipates that a commencement of commercial production of magnetite mining operations at Lake Giles by 2024 is still achievable at this stage. Macarthur Minerals’ Chairman, Cameron McCall..

"The requirement for large-scale, high-grade iron is still there and it seems that some of the big names are already out front of the pack locking in the next wave of iron ore production from magnetite. Macarthur looks to have the right asset in the right location and with a bankable feasibility study due out by the end of the month, it is game on now for this magnetite developer".

https://thewest.com.au/business/public-companies/magnetite-back-in-vogue-as-macarthur-sets-course-for-production-c-6046483

Yawn...