[VIDEO] MIO plans for major Magnetite exports at Esperance Port, page-9

Probably the only honest quote MacArthur has ever published.. Taken from thier long winded disclaimer

Inherent in forward-looking statements are risks and uncertainties beyond the Company’s ability to predict or control, including, but not limited to, risks related to the Company’s inability to identify one or more economic deposits on its properties, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the marketprice of any mineral products the Company may produce or plan to produce, the Company’s inability to obtain any necessary permits, consents or authorizations required for its activities, to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks identified herein under “Risk and Uncertainties”.

They can go in and Mine Lake Giles right now....They have all the licences and permits etc, it's a green light. They could contract the Mining out under a JV, so what's the hold up.??? The probelm arises, because they have nowhere to process it and no water to do the
beneficiation. So it's a lump operation rather than a fine. The 70 odd Htr's, they obtained are under Native Title and no water application permit has been approved.

Humpty also claims on his Linkedin profile, he has many contacts and has dealt with high net clients, so again, what's the holdup, or are they just not picking up the phone.???. Maybe they know about his past from 2004 - 2007 and the trust isn't there. Miners have long memories.