UMC 0.00% $1.30 united minerals corporation nl

a sellers market, page-9

  1. 8,602 Posts.
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    Hi (kingrichard)

    One other point.

    If BHP have done a deal with UMC/Venus management about allowing the iron ore from the other tenements to get to port or BHP to buy the higher grade iron ore,they have control over the whole area to the West and South of Area C.
    With no chance of any one hindering them in the next 30 or so years.No Chinese and Rail deals = total control of a vast area of one of the biggest Iron Ore Hubs.

    Regards
    Westcott.
 
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