I hold, because the Uranium properties in canada look great.
Anything else is a bonus.
The last rns was disappointing, but UMC is not the first company to be out bid for a project.
Lets hope they learn from that next time.
Remember:
Rob Schoonbrood, Executive Chairman, "We are of course disappointed that
negotiations for this particular oil field have not had the expected result. We
are currently looking at other attractive opportunities and have just commenced
negotiations on an oil field of similar size and characteristics. We are
confident that we can keep to our current targets and timing."