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

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Post by Doo111on Mar 15, 2017 6:56pm

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Post# 25985133

different exchanges

Question for some of the more experienced traders here. The upcoming IPO is listed at $0.20 on ASX. If MMS has no problem raising the 10 million they are after then one would think that when it opens on ASX it will easily meet the $0.20 price point.

Is it possible for the same company, MMS, to be listed on the ASX for the IPO price and to be a very different price on TSXV? Lets assume both C and Aus currencies are at parity for this hypothetical.

I would expect the TSXV price would have to move more inline with ASX price. So if all goes well for MMS before the listing would this be a correct assumption?

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