UMC united minerals corporation nl

That sounds like what people said about FMG for the last 3...

  1. 1,739 Posts.
    That sounds like what people said about FMG for the last 3 years.

    What the share price is reflecting is the likelihood of production ocurring. Of course ... you're not aware of BHP's recent application to build 2 rail lines going direct to, and stopping inside UMC's tenements?

    You're not aware of BHP's intention to double-track the Mt. Newman line to Port Hedland also?

    If you know anyone who is a geologist, ask them if Microplaty iron ore is 'any good'?

    Finally a question for you, if you don't mind. Since you say you will be a fervent holder one day, then please could you put up your estimate of the profit that production of 2Million tonnes per annum (transported by road) could generate?

    I am already a fervent holder.




    UMC - WHAT A MONSTER!!!!

 
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