UML unity mining limited

good deal or bad deal, page-3

  1. 1,078 Posts.
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    AFD,

    I agree with your thoughts - the company is now much more high risk.

    Furthermore whats going on at Henty - they blew $5 to 6 million last quarter - what on - stopping issues at Darwin south - as I said last night the company didn't make it clear that its even been resolved. The fact that this much cash got burnt means that production must have come to a standstill or there was a huge blowout in costs.

    So I am out as well.

    Good luck to holders - the company had good assets but I'm not so sure about management.

 
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