have been pissed off all day, but reading this post of yours made me laugh, how can management be so stupid yet so freaking smart. unbelievable...
""By any measurement this is a great result and it offers all of our shareholders an opportunity to deal away the significant development risks which we would need to overcome to bring the deposit into production," UMC chairman Alan Birchmore said in a statement to the Australian Securities Exchange (ASX)."
Would have been really, really, really risky to try and build a railway line to increase production when your ultimately largest shareholder builds railway lines for a living.
UMC Price at posting:
$1.27 Sentiment: None Disclosure: Held
