UMC united minerals corporation nl

crises times, page-25

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    He (Marius Kloppers) said BHP was ready to pounce on opportunities when they arise.

    “Projects cannot really be financed at the moment by small companies, and you see their share prices reflect that,” he said.

    “As that cash tightness progresses – we’re already seeing these junior companies have share prices that are now back to where they were perhaps five years ago - certainly in theory there should be some opportunities to take advantage of and since we have the money that’s obviously the case.”


    http://www.theaustralian.news.com.au/business/story/0,28124,24544844-643,00.html

    I know, Goldsworthy Act...
 
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Currently unlisted public company.

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