UMC 0.00% $1.30 united minerals corporation nl

take over target, page-24

  1. 2,250 Posts.
    guys/girls
    1 quick point
    I am not 100% sure but almost certain that BHP wouldnt be able to hold the UMC ground if it took UMC over

    reason:

    The ground UMC has is EX-BHP which was forced under a WA State Act to be relinquished.......This is why the odd shaped tenements

    Given this, how could BHP get the land back if it was forced to get rid of it.

    I am thinking that 100% certain no T/O by BHP OR RIO. FMG wont as I dont think Twiggy is in to T/O other peoples Australian Dream. Maybe the Sheik???

    At end of day - lets enJORC the ride
 
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