Ann: Amendment to Scheme Implementation Agreement-UML.AX, page-5

Trending towards a no from me too. Some thoughts, I have been wondering why the board wants to surrender the company at any price:
1 Unity board have a negative view on Dargues Reef due to the difficulty of dealing with the NSW government and permitting. They have no upside view on finding more nearby.
2 Company has been burnt by the experience with Bendigo. They have yet to formally get rid of this and are exposed to environment clean up costs? The most recent announcement on Bendigo I quickly found is that the deal was supposed to be finalised by 31/3/2016 but nothing has been announced. I noticed that payments on this deal are spread out over the next 3 years. Where does that money go??
3 BOD may be trying to get out of Henty before they become responsible for closure and clean up costs? Companies often on sell a mine towards the end of its life for this reason. In fact this is why UML acquired the mine from the previous owner. BOD has obviously come to the view that there is only a small amount of gold left in the mine. Current results suggest one can scrape together a years' worth of production. I think this is the most pessimistic view and PYBAR have taken the view / punt that more will be found.

These may explain the actions of the BOD a bit better but I remain suspicious of deals behind the scene.