Macarthur was valued at 160M market cap when Iron ore was up in 2011-2012. Today, they have a strong Iron ore prices, a deal with a billionaire 'who is invested in the company' to bring 200M$ with a first tranch of 50M$ to start production at the shovel ready mine. The management expressed that they are pushing things fast to start production as fast as possible..so the first tranch is expected to hit in June/July.
