UMC 0.00% $1.30 united minerals corporation nl

can you see what is happening

  1. 2,194 Posts.
    Currently the Chinese are picking off any Fe companies that are struggling one way or another and are fundamentally cheap relative to the resource they have in the ground.

    MGX.......GBG.......???..........???..

    Who is next then??

    The tide has turned and now the customer is dictating the terms.

    What's it all mean then?

    The demand for iron ore is very far from over and customers are using these times to secure long term supply by direct ownership in projects to help soften the blow going forward and reduce costs.

    Plent of customers are interested in UMC ore as per qtly reference to corporate
 
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