UML unity mining limited

capital raising, page-41

  1. 386 Posts.
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    Surprised they had a reasonable take up. SP will be still soft for a while but hopefully with steady productions and costs getting more under control we may have a better time towards the end of the year. I didn't take up anymore shares. I think the increasing gold price may of got this over the line, not so much management belief. Lets hope it was a bit of both?

    "The Company received strong support from shareholders with eligible
    shareholders applying for $4.37 million of shares under the SPP, which closed on
    11 March, with the $0.63 million balance to the total $5 million underwritten by
    Patersons Securities Limited (Patersons)"
 
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