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.
- Forums
- ASX - By Stock
- UMC
- annual report
annual report, page-7
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online