UMC 0.00% $1.30 united minerals corporation nl

Ann: Resources Boosted at Railway Deposit , page-47

  1. 8,602 Posts.
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    Hi (theincorporator)

    May I ask A question about the UMC tenements?
    I believe you said you have been involved in Corporate take overs.
    Do you have any idea about the situation UMC are in as far as BHPB's infrastructure corridors going through UMC tenements.
    Can UMC object?
    Would UMC be compensated for all iron ore they have drilled and proved up a resource for on each tenement?
    If not what sort of compensation would UMC be likely to get for losing the iron ore?

    Regards
    Westcott.
 
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Currently unlisted public company.

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