I'm pretty happy with how things are tracking.
Do I think the JORC will be 100mt - absolutely! UMC management are not into spruiking, they've seen their SP been screwed around with by day traders too much - they will deliver 100mt and perhaps a little more...they are consistently showing underpromising and overdelivering.
I have no doubt that when 100mt is announced we will see $3 plus...not sure from then on. Comparisons to BRM in my mind are meaningless, they went with the sensationalist 1bt plus....everyone quickly saw that the impurities were very high and grades not so high.
The people that matter are those that know good grade from bad - they have the muscle to decide where UMC ends up...I'm pretty confident.
- Forums
- ASX - By Stock
- UMC
- remind me again
remind me again, page-15
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online