that's the real kicker for the share price, exploration success is nice but.....it's cheap even if we stop drilling right now, based on the current resource
Sten isn't there as window dressing
last we heard they were fast tracking production for end 2008
the directors look to have excellent credentials to get a deal done with a major, I just hope the current share price doesn't weaken their position much
UMC Price at posting:
$1.27 Sentiment: Buy Disclosure: Held