Ann: Request for Trading Halt , page-7

My guess will be raising to sophisticated investors via broker. Unlikely to raise capital via an offer to existing shareholders. My thoughts only..any ideas what broker they may use?

Personally, don't think they should offer options, neither to takers in the raising nor the broker. Discounted raisings are no good, nor free options - management should offer at 12 or 12.5c (or above)if believe in story, nothing less. UNX should raise enough for Diamond Drilling and Jorc. Worry about scoping study once JORC proven.

Management should have an idea of how many DD metres they need to drill across 7 EM targets for a JORC. It is probably more than you think and I think they will try raise north of AUD 3m (up to 5m).

Yesterday - I questioned the depth of the ore (then the release the announcement regarding open at depth). Today - I ask when a capital raising will be done (and we get an announcement). Am I a horse whisperer?
Unfortunately, when I saw the results two weeks ago, I didn't believe in the company - thought it was another company doing some drilling ramping the price given they were about to run out of money. However, bought in over last week as the resource kept stacking up (and good stories can raise money in any market).