3rd quart results, page-6

Hi Jrowl and Demontrader.
Jrowl, your earlier comment that the share price was 'puting on some muscle' made me smile but I certainly agree that .099 cents is a bargain buy, provided of course that we have had a reasonable Dec. quarter and our 42 mill. is still intact or hopefully increased.

At .099 the market cap only values us at cash in bank and the value of our Goldstone investment (up 1/2 p last night = $8.25 mill AUD). So basically anyone buying now is getting Henty with its 4 year+ mine life and promising exploration prospects thrown in for free. Plus, that 6 mill in enviro bonds that the CYL deal will free up and any upside from all the drilling going on to the north of Bendigo. Have a look at today's CYL announcement on the Four Eagles project. Good grief,I think I just talked myself into buying some more. Hope Mrs. Audacious doesn't read this!! LOL

Demontrader, all the goldies I own and watch have been very quiet of late. No sense wasting good news into the lousy market environment of recent weeks. But gold price trending up again and market sentiment towards producing juniors is getting close to a change I believe. Just be patient Grasshopper!

One last thing. I'm told that our head office shift to Melbourne should be happening in March. Just hope it doesn't involve anything too palatial. A nice room for this years AGM and some decent catering would be good though.

Good luck to all UMLians,
Audacious.

PS. Have entered Captain444's 10% Challenge and my nominated company to finish Jan. up 10% on its Dec. close is....... you guessed it, UML!!
But seriously, we all expect it to do much better, don't we?