162m thick high grade zone , page-22

Thanks Magix

Interesting to note the comment from Proactive Investors:

"While the market did not seem to be fazed by the news, this is the widest zone of bedded mineralisation intersected so far at Railway Deposit and graded 62.4% Fe. Contaminants were also low."

All ords up 3.23%

Materials up 4.38%

UMC up 3.07%

On a bullish day with what should have been a bullish announcement, UMC should have recovered far more of its recent losses.

That's a worry and certainly highlights the concerns of many on this thread.