Just spoke to my broker who values MIS at $6 based on the Weld Range deposit only and values MMX at $5.50. I described to him the Merril Lynch report and he replied that he disagrees with the valuation as certain costings have been very generous.
So if you want to get good leverage into the hottest spot for Iron Ore MIS is it.
Please do your own reserach and get expert financial advice before investing.
MIS
midwest corporation limited
