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UML unity mining limited

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Brahman Pure Alpha - Endgame, page-7

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ohmygod

733 Posts.

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30/03/16

14:01

Post #: 17382106
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Originally posted by Bobntom ↑

The drilling indicates some easily won gold that will aid restarting the mine so close or even visible from the drives the ultra high grade in this mine is always associated with still profitable adjacent grades making for wide profitable intercepts the new mine may need a new portal to mine some new findings and due to past poor management old workings may need to be filled and stabilised to remove ore already found .I believe it is possible to reopen the mine with an almost immediate cash flow to bring about the changes to remove the rest of the known reserves it has already been released that they are on to at least one new ore body. Henty remains a very profitable mine .before closing the tailings dam was extended .that is only done when there is more mine life.I hope the shareholders receive some benefit from the expenditure

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bobntom,
"with almost immediate cash-flow to ring about changes to remove the rest of the known reserves"

Care to fill in some details on that.? like cash-flow within 3 months/ 6 months.. Known reserves - what are they? how many ounces are left? cheers

UML Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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Brahman Pure Alpha - Endgame, page-7

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