twenty million tonnes of high grade iron ore, page-61

Wonder if they will do a wmc....when the takeover shadow was hovering around my wmc...which i owned shares in and worked for as a maintenance supervisor...wmc split itself into 2 companies....one held aluminia....and the other all other assets....they gave us shares for a 1 for 1....so i ended up with 1 aluminia share and 1 wmc share for every share i had.....was done to expose hidden value...Maybe this will happen with umc...because i dont believe there is any value for bauxite project in umc share price at the moment...but i beleive takeover talk is premature untill a jorc is done for the iron ore asset.
Exciting times ahead with this beauty

pete