UMC
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0.00% $1.30 united minerals corporation nl

I put a similar post on thx.PAN issued 15m shares and 3m options...

  1. matchbox20
    12,711 Posts.
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    02/06/09
    20:56
    Post #: 5234564
    I put a similar post on thx.
    PAN issued 15m shares and 3m options for 25%of lanfranchi for a reseve of 16562t of Ni.
    At today's price for pan that's $36m for a rserve of about $300m at $18k per tonne,or about 12% of in ground value.
    With umc resource of about 120mt @about $100t and 12% of resource its $144m,today's market cap of umc.
    UMC Price at posting: 99.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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