And so the smart money should. History says that marra mamba is the one orebody that the big players will transact for. Unlike the other junior orebodies the quality of Railway means its just a question of when
While the UMC shareprice is languishing, the recent events have a big silver lining. The other juniors, the magnetite projects such as GBG, and the other low grade producers simply won't get up whether it be due to financing constraints and/or product attractivess. Which will lead to more focus on UMC.
UMC Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held