UML 0.00% 3.3¢ unity mining limited

Sounds like they are marketing the company. They have an...

  1. 265 Posts.
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    Sounds like they are marketing the company.

    They have an announcement on drilling at Firetower, waiting assays.
    They have an announcement on Darwin assays
    They are trying to get the funds from Lion.

    My expectations are,
    get JV partner to start mining on Dargues.
    Release announcements on Firetower and Darwin South
    Share price is on a positive trajectory, which allows Lion to raise funds and increase there stake.
    Share issue to increase funds for Dargues and Firetower, (oh yeah operational expenses)

    The challenges are,
    Share overhang (There are a lot of shares issued sub 2 cents)
    Gold price on a slow decline.
    Raising funds (at an acceptable rate)
    Long term share holders that want to get out.

    Not advice just my musing.
 
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Currently unlisted public company.

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