UML 0.00% 3.3¢ unity mining limited

ASIC 656 Cash 25mil+ Market Cap 11mil, page-10

  1. 3,809 Posts.
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    and see the following from the report and note well:
    "List of prioritised in-mine exploration drill targets developed at Henty"
    So, with AU$ gold price reasonable, Henty costs down a lot , productivity up a lot, workforce trimmed (deadwood cut?), focus of remaining workforce may be very sharp on working effectively and extending mine life.
    It has been a rich mine at around 6gpt and has been progressively extended in the past.
    Could we be looking at another extension?
    It will depend on that drilling of course.
    But with the Henty mine able to generate cash flow equal to yesterdays market capitalisation IN A QUARTER, a mine life extension would be v good for shareholders!
    DYOR of course
 
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