apart from anything else what that quarterly highlights is that UMC is not a one drill, one project company. Lots going on and plenty of cash on hand ..... don't forget oppies to bring in more cash mid-next year so if they can keep shoring up ore resource between now and then it makes the development of the bauxite look even more likely .... with the position of the iron ore resource there is lots in play for umc .....
i suppose the only downside here is if results are solid but not spectacular and we have some punters quit the stock ... but they'd be missing the point ....
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
