UMC 0.00% $1.30 united minerals corporation nl

shareholders - rejecting the offer list, page-50

  1. ACB
    4,958 Posts.
    hey Warnie, some traders might be happy to make a quick buck on this but plenty of long term shareholders saw much more value in taking it to production, and also saw a possibility of regulators opening up infrastructure access

    failing that, CRM is a massive entity with railway expertise, they could have built their own network and brought in other juniors, they were willing to pay $1.35 for 11% so you can understand why we're a little upset to give away the lot for $1.30

    adding insult to injury we don't get important drill results, I wonder if we ever will and how good they might have been in the other targets that were still a chance

    regards
 
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