Macarthur Minerals Ltd V.MMS

Alternate Symbol(s): 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

Bullboard Posts

Post by goldmembon Jan 24, 2017 12:03pm

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Post# 25747051

BKI.t

BKI.t

Just started doing some DD on this company and i am impressed! Over $7 million in cash and equivalents, with very little debt being $285k. The market cap is currently $9.66 million and they hold a 51% interest in the Shymanivske Project. This project has completed a bank feasibility study and the NPV is $3.3 billion based on $95 Iron ore prices. The expected cost of producing the Iron being $44.54 per tonne which includes transportation and loading! This makes complete sense to go forward and is currently extremely undervalued going forward with all the Iron ore stocks breaking out!

Goldmemb

Bullboard Posts

These cold weather stocks are looking to heat up for winter