UCL ucl resources limited
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new undisclosed buyer

  1. safari05
    362 Posts.
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    31/01/06
    10:30
    Post #: 1345890
    new buyer at 9 cents again - in addition to the 14m odd picked up over the past few weeks.

    Waiting in anticipation for the the preliminary BFS due out the next few weeks. I'm expecting it to be one of the lowest cost zinc plays in the world - although I do believe there will be some pressure on the capital costs the business forecast over the past few years.

    Hopefully the business are also conservative in their assumptions for zinc (anything north of $1500 is excessive IMO).

    cheers
    UCL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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