UMC united minerals corporation nl

jorc, page-65

  1. 18,603 Posts.
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    the best way to unlock the value of the bauxite is to spin it off, maybe they need to go a little further down the track with exploration and also get the right people on board before doing so, but at the moment based on iron ore assets alone it's a steal...so what value bauxite with a JV with NH? Pure iron ore company and pure bauxite company.

 
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Currently unlisted public company.

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