umc worth $200m no rail, page-14

the way i see it is a spp will be around these sort of levels anyhow, but if they announce a deal while we are all waiting then see u at $1 imo, i know which risk reward i would like

who would u back as an offshore mill - a landlocked hopeful or an island definite??? sure you will try and get the best deal u can but at the end of the day you need iron ore and plv is a great place to get it for very little outlay and at low opex