In comparison to other Fe companies UMC has the deposit and further potential to increase this. However management are not up to promoting and doing deals to move UMC along. We have seen very few presentation and what we do see are not of a quality that is required for UMC to get attention.
Just reading Westcotts coments above comparing to FMG, BRM and SDL gives a clear example of this.
Having a great deposit does not unfortuately make a great company. We need a management change - simple as that.
Columbia, thanks for your efforts in trying contact management. Their response sums it all up for me!
UMC Price at posting:
72.0¢ Sentiment: None Disclosure: Held
