UML unity mining limited
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Simple mismatch between how much gold was produced = 11,983 ozs...

  1. strauss
    22,120 Posts.
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    17/07/14
    02:54
    Post #: 13671242
    Simple mismatch between how much gold was produced = 11,983 ozs
    and how much was sold = 9,965ozs

    so the company would have excess bullion of 2,000 Ozs at $1,400/oz = $2.8m

    so if they sold all the gold they produced cash at bank would have increased by $1.8m
    UML Price at posting: 1.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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