03:54 PM EST - Macarthur Minerals Limited : received a positive preliminary feasibility study on the Ularring Hematite Project.. The project is potentially highly profitable with a discounted payback (based on NPV) in three years. Operating costs estimated at A$78/t (rounded). Total revenue estimated at A$3.238 billion (rounded). Macarthur Minerals Limited
shares T.MMS are trading down $0.01 at $0.34.
