Bandalup always enjoy your well researched posts. Your comment on UMC referes to the ground they brought from Rhodes. Given announcement yesterday shouldn't UMC now be reviewed in the light of first round drilling results & the potential of their leases? You seems to have dismissed UMC. I know you see better value in YML, but I am sure many HC posters would appreciate your tonnages estimates & potential of UMC in the light of yesterday's announcement rather than based on just where they obtained the land from.
Many YML holders also hold UMC shares hence the close link between companies for comparisons.
Regards
Buffett
YML
unknown
yml and the umc effect..., page-9
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