UMC 0.00% $1.30 united minerals corporation nl

annual report, page-7

  1. 3H
    5,864 Posts.
    See also the notes on exploration on Page 10.

    They acknowledge that "further exploration is warranted to establish possible inferred resources at Railway East, Jumbo Junction and Mt Robinson"

    This implies that they have the Mt. Robinson drill results. If true, its quite outrageous that the market hasnt been informed!

    Its time for the Chairman to kick butt as he has clearly indicated in his last paragraph that the market cap of UMC does not reflect the underlying worth of the resource.
 
watchlist Created with Sketch. Add UMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.