thx and umc the next play, page-50

Dabru

Another find is great - but they need to concentrate on something - pick the market on 1 or 2 things that they can fast track into production - for approx 24 mths time
Mini boom will have to come with the global infrastructure projects

Otherwise we should start renaming the projects like - Crabbs hole ! Bretts Pit !!
So much potential this company - but even in the boom with what it had - it could'nt crack $1
They need to do JV with someone - to reduce cash burn
Just look what happened to those UMCO shares they sold
Would hate to see the same with UMC shares
Believe ROY/THX have to do a deal on each others assets to have some concentration on specific exploration targets for specific resources - therefore reducing the admin costs & double dipping director fees - these spin offs have created admin nightmares in regards to costs going forward. - Maybe spin ins over the next 12 months might need to happen