UCL ucl resources limited

share price being played with, page-25

  1. 5,233 Posts.
    lightbulb Created with Sketch. 2
    re: smh report: open up 11 percent higher someone thinks its good news, the shares will jump 11% in open. considering its the worst ever time for UCL politically, this is very exciting.

    I believe 3 years to get the mine up and running. as the stock pile of zinc reduces dramatically it will become more and more of a priority to get Mehdiabad up and running.

    Also the NPV metioned in the article and IRR is teribly understated. AIM used in theirs $1874 for zinc late last year and $3000 odd recently. UCL are using $1700 which is incredibly low by todays standard. I guess its better to have management understating rather than over stating.

    cheers andrewe
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.