UMC 0.00% $1.30 united minerals corporation nl

... or a mine gate sales contract.In this market the end...

  1. 300 Posts.
    ... or a mine gate sales contract.

    In this market the end December date might be missed but still could be - but there is probably no way such a contract to say BHP can be completed without full proven reserve details - and the assay labs have delayed that for months.

    IMO selling the Railway would be unacceptable except if the cash came by way a cash pro rate distribution to the shareholders. I am too ancient to be remotely interested in starting with UMC again and, with all that new cash, ensuring that the present staff would have a long and secure life turning over new rocks- so I would vote against any such sale unless my share of the cash went straight into MY bank account.
 
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Currently unlisted public company.

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