Macarthur Minerals Ltd V.MMS

Alternate Symbol(s): MMSLF | MMSDF

Metals & Mining Industrial Metals & Minerals

Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.

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Macarthur Minerals Ltd

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Comment by vchesaron Apr 10, 2017 1:22pm

114 Views

Post# 26101471

RE:RE:Ipo

Agree with you. If it is 'easy 0.20', why don't bigstart10 step in at the current prices?.

Current Bid and ask :

Bid - $0.115 16,000 Ask - $0.12 222,000
$0.110 339,000 - $0.125 702,500

I am concerned whether the recent drop iron prices can have an impact on the IPO. I hope not. . See today's Austarlian Business Review News :

"The fall took iron ore to just $US75.45 a tonne, down from $US94.86 just six weeks ago and delivering on the bleak outlook put forward by analysts, governments and mining companies themselves over recent weeks. Treasury last week tipped iron ore to fall to $US55 a tonne over the second half of this year amid expectations of increased supply."
GLTA long term investors

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