UML unity mining limited

LionGold payment due tomorrow:"LionGold demonstrated their...

  1. asf
    9,887 Posts.
    LionGold payment due tomorrow:

    "LionGold demonstrated their continued support with commitment to invest a further $2.4m (payable in April 2014)"
    ____

    They seem to have loads of cash, in checking their website.

    Gee, it's a terrible outcome for those who recently gave to the company @ 2.7c! The SPP was announced when the SP was 4c, so 2.7c seemed cheap.

    Takeover target at these levels? $15m market cap (will be a bit more in terms of MC when LG get their shares). The EV will be very low here.
 
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