there are still plenty of reserves at Henty but all the high...

there are still plenty of reserves at Henty but all the high grade stuff will be gone by end of 2015, unless they find more of it. they are drilling so should not be a problem. The area is full of gold! Henty is scheduled to go on care and maintenance end 2015. Of course this could change if gold price goes higher making the lower grade viable and/or they find more high grade goodness.

All that said, UML is extremely undervalued given the growth prospect of Dargues Reef. Just need greeny approval on it.