Rich08, funny you mention $15. I promised myself not to sellunder $10, after reading over some announcements last night I too raised the bar to $15.
I base that on 200m shares and a market cap of $3 Billion, which I think is well and trully achievable once Railway is in production and we have a JORC at either JUMBO or Railway East.
Yandi Headwaters could mean I raise the bar just a little to DOUBLE.
We are not very goo rampers here on UMC, but it's great to see we're realists also.
Can you imagine if FMS had these announcements?
UMC Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held