when will umc fire, page-10

I think Railway will be a sizeable discovery....at $100m market cap UMC represents an absolute steal for someone looking for quality tenements and location

who knows what the SP may do...I think we'll see a run for the next month or so...

Either way no downside as we've already hit $1.50 previously so that can be achieved again...personally (not saying it will happen) $2 a share ($200m market cap) still looks a bargain to those out noseying around for a top quality acquisition target (and that's valuing the Bauxite at "zero")

If UMC decide to go it alone and sell at the gate or mine then over time we could see a much higher SP

that's the great thing about the sharemarket, things often happen when you least expect and visa versa...fun times anyway!