awaiting results

A key two week period coming up in the short life of UNV.

I understand a number of institutional accounts are awaiting the release of coking coal resource numbers before committing to the stock. I expect given mid-July comment we should see details in next two weeks.

We have also seen some good research released that together with market improvements has given confidence for stock to rebound. Am still waiting to see DJC research which is due any time.

The main game is still coking coal with possible scenarios as follows:

- resource less than 700mt and stock to give up some on recent gains,

- 700-800mt confirmed and investors see this as the real deal and we see strong buying in days after release as company delivers on promises and confidence in stock increases

- >800mt and stock will take off with adjacent land still to drill will make this a billion tonne plus deposit

All will be revealed shortly. I for one with a vested interest hope it is one of later two options. Time will be the judge. Good luck to holders.