frustrated, of course spend money developing something only to put it on hold.
trigger $4 Million payment to Moly. (to be paid by 30 June 2014 ?)
Wait till the share price drops to 1.8 cents and issue 44,444,444 million shares. Wouldn't have been nice to roll everything in one bundle with the Share Purchase plan.
Well it put Moly at 5.02% of Unity. (Note: Moly have Unity Shares as available for Sale)
So lets work back a little and see where we are. Numbers need to be confirmed
Mine Development $90.0 Million Costs Development $24.8 Million (inc Bond, based on qtrlys) Moly Trigger $ 4.0 Million (need to confirm these payments in the qtrlys, corporate costs, could see no mention of them).
my rant for the day.
IMO, not investment advice.
UML Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held