Hi andrewe,Had it all set up then comp froze, buzzard of a thing...

Hi andrewe,

Had it all set up then comp froze, buzzard of a thing …

Here goes again ...

I am a bit disorderly here cos i have just seen you post 16/06 00:18.
NOTES :
Burkino Faso (there is a French Connection ) mmm
AIM mmmm
Societe Generale FRENCH too mmmm
Sociiti Generale who own’s this ????
Gettin a lil bit more interesting.
I’m saying no more than maybe no chinese walls to go through ? (ie AIM and UCL can help each other on issues)

Berkino Faso . no political worries here imo. Maybe a lil corruption but basically OK for investing.

My point from above is that there could be some connection/help/advice/assistance with the financials etc. why not ucl and aim work together eh. Nothing wrong and they’re not enemy’s.

Note : that if too many new zinc producers come on at the same time then the supply will outway demand and the price will come under pressure. You can see what’s happened to wine !!

When i wrote just now i had not taken anything into account from the UCL announcement 12/06. in fact i had forgotton all about it ! i popped in to have a look at the latest and refreshed myself from what was a skimmed look at the announcement Monday 12/06

Interestingly, from what i have just mentioned, i read between the lines and this is what i come up with. Right or wrong .. AIMO GUESTIMATE INVESTIGATIVE OPINION ...

My thoughts in (CAPITALS)

Here goes ... hey i like the word 'immediate' below


12 May 2006

Company Announcements Office
Australian Stock Exchange Limited
20 Bridge Street
SYDNEY NSW 2000

Dear Sir

Re: Union Resources advances development of the Mehdiabad Zinc Project

The Board of Directors of Union Resources Limited ("Union" or the "Company") is
pleased to announce that it is taking immediate (SOMEONE’S INTERESTED / JOINT PARTNERS / INVESTORS) steps to progress the world class
Mehdiabad zinc, lead and silver project (the "Mehdiabad Project") from the
exploration and feasibility phases to the more advanced phases of project financing
and development.

Union has appointed Sociiti Generale Corporate & Investment Banking ("Sociiti
Generale") as its financial adviser in relation to the debt and equity financing of the
Mehdiabad Project.

The Mehdiabad Project represents one of, if not, the largest undeveloped zinc
resources in the world. Union believes that the appointment of Sociiti Generale)is a
major step forward in raising the required finance (SOON TO ANNOUNCE WHO WILL BE JOINT PARTNERS WITH FUNDING ?)for this very significant low grade,
complex ore body which will result in the Mehdiabad Zinc Company becoming a
major zinc producer, with operating costs in the lowest quartile of world production.

To prepare for this significant future growth the Company recognises the need to
strengthen the management team (FINANCING PARTNERS OWN APPOINTED EXECUTIVES/ BOARD MEMBERS) in order to complete the task of building and
operating a world class mine and zinc processing plant and industrial complex in
Mehdiabad. Therefore Union, with the support of the current management, intends in
due course to make a number of senior executive appointments (FINANCING PARTNERS OWN APPOINTED EXECUTIVES/ BOARD MEMBERS)to ensure Union is
successful in its aim of developing the Mehdiabad Project and becoming a major zinc
producer.

Union is also planning to re-locate its operational head quarters to either Europe or
the Middle East to be nearer to the capital markets and potential sources of finance
for this project.

Yours faithfully
UNION RESOURCES LIMITED




Be good,

I’m watching closely !