With the residue of that 5M shares overhanging the market, good news is what we need to put the sp back on track. How about these for a start, and please feel welcome to add your own.
1. UCL controls what is arguably the biggest, undeveloped, JORC compliant zinc resource in the world at a time when zinc is in chronic, long term shortage.
2. UCL has access to well developed infrastructure including competitively priced power and transport.
3. UCL has developed a positive relationship with the local community and has access to a competent workforce at reasonable cost.
4. The geographic location of the resource is well away from any disputed borders in a country with improving relations with Western governments.
I'm sure there is much more good news to be heard at the AGM and I look forward to trekking from Mullumbimby to Brisbane tomorrow and perhaps meeting a few other hc contributors there.
UCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held