take over target

Hi guys,

Could BHP make a move on UMC once we have our 100Mtonnes of high grade DSO at Railway???

Or what about Railway east if this is going to be even bigger then Railway itself and with high grade will BHP or RIO have a look at UMC??

If the good results keep coming in then then UMC would be a perfect bold on aquisistion for BHP imho.

Not that I want this to happen yet, as too much value still is unlocked and we have only see the very beginning of the UMC growth story.

But by having a JORC on Railway and Railway east, could this be the trigger for either RIO or BHP to make a move??

They have the railways and the logistics to dig it up and ship it very quickly and hereby increase their DSO production at the current high prices.


Interesting to hear your comments

jojo