UMC
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0.00% $1.30 united minerals corporation nl

Never ignore the need for cash; I guess today's announcement...

  1. dnbuck
    286 Posts.
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    26/05/08
    16:23
    Post #: 3768018
    Never ignore the need for cash; I guess today's announcement vindicates my earlier post. A little suprising they went this early; but would suggest this stake is part of a larger strategic play rather than a cash top up, because lets face it at 8.5m it is a top up to continue exploration, JORC definition and BFS.
    UMC Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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