URL 0.00% 13.5¢ universal resources limited

relying on mgmt, page-4

  1. 502 Posts.
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    Thanks for the welcome and comments.

    Agree the announcement today was good and businesslike. For me the unexpected item was the development decision will be based solely on the copper/gold concentrate.

    Seems odd as the metalurgy was long sorted and presumably largely optimised for all by-products in the 2008 BFS - which had by-product production as an integral part. Todays announcement stated that: "Additional revenue may be achieved through sales of other products Zn Co Ni S". This sounds as though by-product production is uncertain and now optional(so presumably marginal). Didnt like this bit, but time will tell.

    Has had a good bounce off the low.
 
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