Dear Ladies and Gents. Great posts by all of you; but I guess that most of us; won't invest serious money in a company like UML; until we can know that we will get a regular 6 monthly dividend return. When we buy shares in a company like UML (and its one of the better small cap miners pound for inch or gram for centimetre); we are just gambling on an increase in the share price; to make the "investment" worth while for us; whilst the directors get paid regardless of how UML performs.
I'm still waiting for UML to tell us; when UML will start paying regular dividends. There's not much point in letting the years roll by; whilst UML churns out lengthy reports about this or that dig; unless we shareholders can see what's in all this for us. We need more than "pie in the sky".
Of course the above comments apply to lots of the "penny dreadful" miners.
Good luck to you all.
UML Price at posting:
6.8¢ Sentiment: None Disclosure: Held
