Taken from UCL website. There are a few other interesting...

Taken from UCL website. There are a few other interesting shareholder qns recently posted relating to AIM listing and funding for production.

cheers



G'day Rob.

The share price has fallen quite sharply over the past week. Is there any news that might be behind this fall, that has yet to be released?

Will Lundin mining be taking a 2nd board seat as a result of the latest placement?

What is the current cash-on-hand for the business, and when do you expect this will fund the business until?

You have recently been on a site visit in Iran. Could you provide us with an update on your trip, and also how things appear to be progressing on the BFS front.

many thanks.

Union Resources Reply:

1. Not to my knowledge

2. Yes that will happen.

3. $A 5.9 million at 16th October.

4. As my time is limited this week, I would refer shareholders to the quarterly report due out on friday. The recent trip to Iran was very positive.