lexiconfs, hold onto your hat, because you may just get that 150mt. Don't know what your investment strategy is with UMC, you stated $3.50-$5.00. But why would you sell there.
If you're in it for shoert term gains, fair enough. Ask yourself when will you find a comapny again with so much upside potential.
You say your hoping for 150mt marra mamba. We could value that at $10pt, giving us a market cap of $1.5 Billion and a share price of around $9.
Do you think UMC found their biggest deposit from all their tennaments at Railway? I certainly don't, but hey it's a great start.
In my opinion Jumbo, Railway East and Yandi headwaters will be bigger than Railway.
Yandi headwaters is the one you want to wait for, this could blow all price projections for UMC out of the water.
expectations, page-3
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