VERY CONCERNING
I can not see why UML have not reported the apparent non payment of this $3 million royalty due 30th November 2013
From UML Annual Report
The Company’s payment policy and system ensures that all creditors are paid within payment terms, and consequently no discounts or penalty payments arise.
From MOL Report 28/3/13
The Company’s cash position and cash backing per
share could be further improved by the receipt of
a significant royalty payment from Unity Mining
Limited which would be triggered by the
commencement of development of its Dargues Reef
project recently acquired as a result of its merger
with Cortona Resources Limited
capital raising, page-15
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