UML unity mining limited

Ann: March 2014 Quarterly Report , page-8

  1. asf
    9,887 Posts.
    Moly (ASX:MOL) must be laughing. Although now suspended because they couldn't use their vast amount of cash, they get either of the following:

    "... $2 million in cash or $2.67 million in shares, at Unity’s election, by 30 June 2014."
    ____

    If UML pays them cash, they get most of the new placement money of LionGold- that is if LG stumps up. Or MOL gets almost 20% of UML, or more if UML continues at this rate. UML holders could probably do better if MOL took the company over with scrip if they funded, partially or in whole, Dargues.
 
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