agm this week, page-29

re: any thoughts iran is very prospective for minerals as it is for oil. UCL will have some first mover advantage and will have built some great credibility through getting this first one upand running (or not).
If they get this up and running, it will be like being the first company into africa and having the pick of some great projects.
with this seller out of the way we could see some positive movement upwards.

cheers andrew
PS could UCL develop into a major mining house over the next 5-10 years?