UMC 0.00% $1.30 united minerals corporation nl

corporate strategy, page-9

  1. 9,286 Posts.
    Well...if Mount Robinson returns 250 million tonnes, we will not be thinking the $1.35 deal was a good deal (unless there are some transport benefits).

    On the other hand, the $1.35 share issue may be a sign Mt Robinson is a dud.

    Why would you issue shares at $1.35 if could issue them at $2.35 if Mt Robinson had a resource?
 
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