No argument from me Andybroady and this is the leverage that instos are looking for. It comes down to pure economics of potential resource versus potential demand and if you're digging in a historically prospective area your chances of getting that edge greatly increases.
This is why many of us holders were excited but not surprised that a Railway deposit was discovered in UMC's maiden drilling campaign. Having said that, do not underestimate the excellent foresight of our geos to locate such an excellent find so early in the piece and with absolute minimum dilution to our market cap.
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
