UCL ucl resources limited
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phosphate potential

  1. joe
    536 Posts.
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    27/04/11
    18:38
    Post #: 8318687
    Seals, If this company can mine without any Environmental Issues it is grossly undervalued!! I have tried to compare with NZX -(WID) which has lower share number & market capitalisation but high NTA. However to mine the Chatham Rise will require stringent environmental performance,compliance & resource consents.You are quite right in saying if you can suck it up it can be easily cost effectively processed.
    UCL Price at posting: 39.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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