Good morning long-suffering UML punters.
How's this for a timely idea? Let's have a friendly merger right now with CGT. No need to find new MD/CEO & CFO as CGT already have these in perfect working order. Oh, and our Chairman is already a director on CGT's board- how handy is that!?
The combined entity would have two mines producing a total of 100k oz per year and stacks of cash in the bank.
And while I'm on a roll, maybe we could use some of that cash to buy out NML, put a great big open cut up at Tandarra (those boys know how to find greenfields gold!)and truck the ore to our very under utilized plant at Kangaroo Flat.
Talk about a win win situation!!
Audacious.
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