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3.3¢ unity mining limited

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Audacious

335 Posts.

15

06/06/15

21:07

Post #: 15426524
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Originally posted by Sector Lead ↑

Think of FA this way. IF this was a business you were looking to buy privately for current market cap of $22m

and the owner said to you, your $22m you give me, will be in your bank account on signing
and on top of that

1. I'll give you free $10m more of cash and gold
2. A current high grade mine with a new 50% JV and free carried $5m of drilling
3. A near approved and $5m of capital works on a new mine in NSW
4. And I'll throw in a fully functional gold plant in Bendigo free also.
5. and wait, I'll also give you some free shares in a small UK listed goldie.

AND we'll also tell you that for the last half of 2015, you'll earn another net cash amount of $8m

How would you feel?

Just wouldn't happen, yet here it is being offered up on the ASX.
That's FA for you, and this would never happen in the private sector.

easy money sometimes V

Expand

Thanks for that summary Sector Lead. All that is missing is a really good set of steak knives!!
Cheers,
Audacious.

UML Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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