Yeh, imagine where the SP will be if that value can be unlocked. The near sighted market is factoring in a 0% probability that any of this ore will see the light of day and assigns $0 value to the other exploration targets. Market Cap < AUD$150M, no wonder someone more astute is picking this up at a song. The problem I have is that whilst thankful of the opportunity to add, I have run out of the green; I was extremely happy with my entry price 3 weeks ago. This is no longer the case. Long term I hope it is irrelevant; however the more shares that trade hands at this depressed level concerns me.
UMC Price at posting:
76.5¢ Sentiment: Buy Disclosure: Held