I'd rather see the directors spend our money on developing our...

I'd rather see the directors spend our money on developing our resources rather than wast it on pretty websites and penthouse offices.

It's a bit like buying a backyard pool at the expense of your children's education.

Ok, maybe I'm exaggerating just a tad, however if I could point out one thing which has remained consistent since my decision to invest in UMC, I would have to say that it's the directors remaining mindful of how they spend shareholders funds.

No better example comes to mind than the careful
preparation and target identification of the recent
Pilbara drilling.

Rather than adopting hit and miss drilling, Jim and his
team spent 6 months identifying targets. This ensured that shareholders gained the best value with maximum results from the drilling program.

So there you have it, a second grade website with a first grade drilling programme and based on our collective research we are anticipating TOP GRADE RESULTS.