UMC
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0.00% $1.30 united minerals corporation nl

rio - bhp jv on iron ore, page-21

  1. RICH08
    2,151 Posts.
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    06/06/09
    13:28
    Post #: 5251017
    You're a braver man than me swearegen. With the uncertain political situation in Cameroon, as with most African countries, I'd be most concerned about SDL's security of tenure. Also nothing happening there until end of 2012 after $3B spend. Not to mention the 10,000 km journey by sea around the Cape. Very risky IMO
    UMC Price at posting: $1.05 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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