UML unity mining limited

surprise, page-9

  1. afd
    2,216 Posts.
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    Hi JROWL

    I can understand the sentiment but the numbers don't make sense.

    Andy can't 'balance the books' and continue to everything. I don't know why, but the fact that the Dargues won't get to 50,000k annual output till 2016, continues to be overlooked by a lot of people here.

    Plus Dargues will operate at a loss initially so the company needs to fund the build, fund the initial operating loss, fund the exploration programs (which Andy is 'determined' to pursue - see quarterlies).

    Interesting days.

    This is all do-able but the business needs to be scheduled and financed correctly.

    I just wish they would release some information / expalantion about this stuff as opposed to continuing to 'finalise' matters in-house.

    Good Luck all.

 
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