UMC
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0.00% $1.30 united minerals corporation nl

what happens to the $6m in cash?, page-8

  1. bungy234
    13,191 Posts.
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    05/11/09
    16:13
    Post #: 5877457
    Col

    If BHP is forced to abide by what is written in the 1964 agreement act, they could acquire all of UMC's tenements and dispose of any excess by relinquishing some of the ground it has already mined.

    This t/o of UMC was always going to be a win-win for BHP.
    UMC Price at posting: $1.26 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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