I don't know if folks have added in the potential new placement shares from LionGold, as per this:
"In addition, Unity has agreed to allow Liongold Corp an opportunity to increase its interest in the Company up to a maximum of 19.9% via a subsequent placement." _________
So, UML will have extra money (enough to satisfy CBA of less risk in their loan?) Not sure how many shares there will be after the SPP + placement. LOOK, the NTA will rise if UML gets their new mine going. If MOL gets their loan repaid in shares, maybe UML will consolidate shares?
UML Price at posting:
3.2¢ Sentiment: None Disclosure: Not Held