Good comment Denver.Orbis might think that the UML shares are...

Good comment Denver.

Orbis might think that the UML shares are worth 40 cents or more each. Even with the Bendigo mine looking bad.

10 cents out of the 40 cents; might be the cash in the bank. Whether or not the mines and the equipment; and the Goldstone invesstment; and the future profits and dividends; are worth another 30 cents or more per share; is the question to be answered.

Full credit to the UML management; for getting the Tasmanian mine going; and for taking the punt on the Goldstone investment.

Good luck to all you patient UML shareholders. DYOR.