UMC 0.00% $1.30 united minerals corporation nl

2.39 price target report, page-8

  1. 520 Posts.
    yandi bhp is 50-150m thick orebody

    20km2 target

    *

    2.8specific gravity

    *30m average thickness(conservative)

    =1.7bn tonnes. If it was Yandi 50m thick = 2.8bn tonnes. of course not all the 20km2 would be mineralised, but if 40% is its good enough to build another railway line(like FMG and AQA?)
 
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