UMC 0.00% $1.30 united minerals corporation nl

name your price, page-20

  1. 1,739 Posts.
    Hi BB,

    interesting points you raise.

    I think it is in UMC's interest to leave both options open: mine themselves, or get 3rd party involvement.

    The ports question is interesting. But as you say - only 1 ship a quarter. I think the 10Mtpa option could only happen post 2012, but the smaller operation could run until then.

    10Million Tonnes x $180/t x 60%Fe = A$Large.Stack

    Joel



 
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