feasibility report to confirm our worst fears.....

Am surprised to see it drop to 6c today. Actually I take that back, the project is Iran, so why people want to hold shares in a company with a project in Iran. Big volume today also. 1.5m shares equates to approximately 0.2% of the share capital. Those ten sellers at 6c wanting to sell a combined total of 105,000 shares must be in the know. probably tradign on insider info.

Anyway the feasibility prject is due to be out anytime now and Im sure UCL shareholders worst fears will be realised. That is, Iran will be stripping the project from UCL or the US has just dropped a bomb on the Mehidiabad project as the US fear zinc will be used to make weapons more dangerous than uranium or that the Mehidibad project actually has zinc grades of only 0.1% with a mine life of 6 months.

Looks as though we UCL shareholders are going to be in for a rough ride over the next few months. Hopefully the feasibility report will be delayed so I can better prepare myself for the further carnage that we will be going through...................

Cheers