Just read the announcement and my apologies if any of this has been discussed on other threads.
Fork North - 24 holes for 1608 metres - Av. 67 metres
Coondewana Flats - 45 holes for 2646 metres - Av. 59 metres
Railway East - 15 holes for 1402 metres - Av. 93 metres
Clearly they have dilled deeper at railway east for the continuation of railway ore body. My question is, would Barry be able to have reported visuals for any of these holes, or as mentioned on the above thread, leave it until the major dumpers fully exited the stock and then report. I'm also assuming they have ceased drilling - "Further drilling is planned subject to receipt of results" as stated in the announcement.
As magix i think said earlier, we know we have the best ground, lets utilise it!
I was thinking yesterday when the price went down to 67c, if I won the $90 million OZ lotto jackpot next week, I might just be able to throw in a bid for the company, employ bungy, columbia, ohyeah, magix etc as directors, do a quick trip to china, triple my money, buy Fingermark and plainsailing their big yachts and cruise the Pacific - sounds all to easy - just need those 7 numbers.
Good luck all, maybe another one of those $1 parties soon.
UMC Price at posting:
86.0¢ Sentiment: Hold Disclosure: Held
