whats your guesstimate on sp if, page-16

Chakay, well done for bringing up those points again.
Seems like Matt and Barry said to BHP "Hey look at us" way back when the first results were received from Railway.
now that we have a better understanding and soon to be JORC resource I'm sure we cannot be ignored.

Seems like BHP is taking us very seriously.

As for you valuations, $5 is rock bottom for mine once Railway is announced. With so few shares on issue and the higher the sp goes the less likely we will see any major dilution.

I believe we'll see $5 in short term after JORC and if directors needed say $100m to develop the mine that would be only 20m shares. We would still have less than 200m shares on issue.

I knew this a was a monster way back and now many are catching on. I wasn't alone, congrats to everyone who bought this 18 months ago and before and to those that bought recently, you still have a multibagger on your hands, just sit tight.

As Novac always say's...UMC - WHAT A MONSTER!!!!!!!!!!!!!!