UMC 0.00% $1.30 united minerals corporation nl

the china boom will continue, page-7

  1. 1,739 Posts.
    Hi Savadamoney,

    here is a picture BHP's recently pegged miscellaneous lease applications. BHP stated that their purpose is to build a rail line.

    BLUE = BHP proposed rail line.
    GREEN = UMC tenements.
    Yellow = Highway.

    If BHP are so uninterested, why are they proposing to build a rail line that stops wholly on UMC's "Jumbo" prospect?

    The terms of a miscellaneous lease application state that they cannot interfere with a mining operation.

    Sorry the pic is so small, i had to reduce it to fit in a window.

 
watchlist Created with Sketch. Add UMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.