re: Ann: Annual Gross Profit of $9 million, $... Disappointed no dividend? Yes.
Understand why no divvy? Maybe.
Thanks Samscout & James70 for your posts.
Given the history of UML, I strongly feel that for the sake of a measly $2.5 million, a powerful message of consistency and confidence in the future of this company could have been sent, to both long suffering, and potential shareholders.
It just seems that it was more important to keep the bank balance at $41.8 mill.
Anyway,we have progressed almost two months since the 30th June. And through some exciting times for gold at that! I am expecting a cracker 1st quarter report and the SP to be climbing strongly by the time of the AGM. If not, it won't be the 'cake walk' our directors had last year, that's for sure!!
Good luck to all,
Audacious.
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