UMC 0.00% $1.30 united minerals corporation nl

egg on face, page-19

  1. 8,602 Posts.
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    Hi (magiz66)
    I am not saying there is anything wrong with pushing the high grade iron ore.
    I think a partner would put in more money if they were able to have a choice of being able to get three or four different types of iron ore if they were given the chance.
    The Chinese are only interested in 30 million tonnes from what I could see.Why?

    Ask Showman why PLV are exited about having many millions of tonnes of so called ground cover that can be made into a high grade iron ore.

    One Asian steel mill I have been told has eight different stacks of different types of iron ore.
    Give them a choice,give them variety and you are more likely to get more interest and more financial backing.

    Regards
    Westcott.
 
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