This Australian iron ore and gold play has been halted for about a week. Here is a comment from an expert on CEO.ca

@DavidLenigas “Finally the whole Macarthur Minerals story should get some serious traction with the ASX listing as MIO. I imagine there will be a great deal of company building news coming out following the IPO. Glencore didn’t back this play because they were bored. They think it is one of the best new iron ore projects in the world today. Hence their big binding off-take agreement for the first 10 years. that’s about A$6b at today’s price for +65% Fe.”