RE: Share Price20 Nov 2021 11:30
Nick
Nick . The iron ore price is about the same as when the deal was announced and see below.
Macarthur Minerals (TSX-V:MMS) (ASX:MIO) (OTCQB:MMSDF)
Iron ore (62% Fe) has now bounced off of its recent low. We've seen institutional research come in from two of the world's leading commodities firms indicating that they are expecting a significant rebound over Q1 and Q2 of 2022. Macarthur has come off recently trading as low as $0.29, last traded at $0.385 (2:25 EST). With the company aggressively moving forward to complete their Feasibility Study, DSO operations, and the completion of their spin out of non-iron ore core assets (Infinity Mining), the Company is well positioned going forward into year-end and early next year.