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Bullboard - Stock Discussion Forum Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

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... see more

TSXV:MMS - Post Discussion

Macarthur Minerals Ltd > Appreciate the responses DPD and Jetstream
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Post by Bubba140 on Aug 23, 2020 5:19pm

Appreciate the responses DPD and Jetstream

The Hassan post on CEO goes the the heart of the matter.  The blue sky potential with OTHER landlocked deposits in area of our facities is what makes this potentially a life changing investment.
My concerns are Mineral Resources according to Joe, "Put its hand up for the port allocation in Esperence".  They have some serious clout and cash.  Ports where I come from equals politics and politics are unpredictable.  I hope I am worrying about nothing as David L. said that port was a "near done deaL" (I think was his tone) but we shall see as much is at stake with that port allocation and deal do not kid yourself.  It is a deal breaker.  I hope someone can shed light on where this really stands.

I port deal gets done then whole area is opened up for deals with land locked deposits owners (ironically like we are right now).  Have to get port deal done.

Also with a port deal the cost to any acquirer goes to a level that is near unaffordable, thus their desire to see us fail in our attempt.  So that is why I have become so curious about Mineral Resources.  They are the acquirer who is most obvious, but I for one want none of them only for the reason they tend to make such good deals that it won't leave anything for us compared to what we could do if we go it alone and develope the asset.  Night and day difference.  I hope they play nice and let us come on line.  If so I will be one happy camper.

Bubba
Comment by jetstream on Aug 23, 2020 6:12pm
The port knows that MMS has  generational reserves of iron ore vs MinRes who will run out in a few years. I forget the number. MinRes is buying up some smaller reserves but this will not be ready for the port like MMS will be. The Port of Esperance is politically all about providing jobs and they want MMS's ore.  The  Port learned it's lesson when Cliff's their one ...more  
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