"Universal's major asset is the Roseby Copper Project, one of Australia's largest undeveloped open pit copper resources with 128.54 million tonnes of JORC compliant resources containing 878kT of copper and 239kOz of gold".
*** Take Note ***
## Roseby Copper Project Feasibility Already Undertaken ## Cash (Project Operating Costs) US$1.36P/Lb @28th August 2008 Current Copper Spot is US$2.09 P/Lb.
Total Equity $13.5MILL Current Market Cap $6.6MILL
With the Current escalating Gold & Copper prices URL looks set for a potential re-rating.
Cheers to all URL Holders " New & Old "
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URL Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held