Correct Dani, but what we don't know is how much of that 100Mt is on UMC's ground, but there's another thing we don't know - what else is there?
For all the drilling Goldsworthy did, they did not sink one hole in Railway and they had absolutely no clue whatsoever that the Railway deposit existed.
Proof?
UMC would never have got its hands on it in the first place since BHP would have guarded it like mother hen!!!
UMC Price at posting:
85.5¢ Sentiment: Buy Disclosure: Held