UNV 0.00% 16.0¢ universal coal plc

chart breaking out, page-35

  1. 683 Posts.
    Sun,Exarro are selling ncc,as they have mined all of the shallow cheap to mine coal.Unvs roodekoop deposit is SHALLOW and therefore cheap to mine.If unv can secure nccs loading and rail facilities it would expedite this project,and give unv its second operating project.UNV seems like the only logical buyer for ncc.maybe it can be picked up cheaply by issuing scrip to exarro in exchange for the ncc assets,exarro would benefit as this would then be a catalyst for those issued shares to rise in value due to that very deal.Anyway,regardless of that,looking foward to next update on Kangala next month:))
 
watchlist Created with Sketch. Add UNV (ASX) to my watchlist

Currently unlisted public company.

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