MIO 1.33% 7.6¢ macarthur minerals limited

@Blister - this looks like a nice find although in very early...

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    @Blister - this looks like a nice find although in very early stages. Love the SOI here and the Fe grades seem good.

    Makes me think though that this is super early stages so will take a long time before anything happens.

    The IPO price has taken a bit of beating. We do know that Fe is in strong demand in China and price has gone up a fair bit lately.

    My questions would be - can they get this to production or be taken over before that happens?

    I would imagine both FMG and GinaR are always looking to boost their resource holdings and pick up little minows for scraps.

    One to watch to see how mgt behaves with their promises and delivery.
 
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