UNV 0.00% 16.0¢ universal coal plc

Ann: TER: Offer Document - Universal Coal plc, page-39

  1. 1,665 Posts.
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    What are you talking about? Are you talking about Andy well which was on C&M? When DRM were bought by SLR they had Deflector. One mine, hence they gained diversification away from a one mine operation.

    UNV have 3 (soon to be 4) operating mines, so already have mine diversification. Sure they don't have geographical diversification but they certainly have mine diversification. Note, that all UNV's mines are profitable, unlike TER's.

    I research companies I'm invested in throughly (I've been burnt in the past when I don't), so a bit surprised by your comment.

    Why do you think DRM was diversified? and why is UNV not diversified?
 
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