Some decent news finally about increase in productions. Satisfied that they have taken a 45% pay cut in light of the company's trading situations.
Although i do not understand why management continue to pursue Liongold. They are a bunch of rotten eggs which will not bring anything good to us. they are up to their noses with issues deriving from their spectacular fall from grace last year. More and more dirt are still being dug out about them and associates.
in particular, one of the party are linked to a corrupt former high ranking Malaysian official. Really, no good can come out of this.
IMO, we are better off going to other investors out there at a steep discount to attract quality investors then Liongold.
UML Price at posting:
1.4¢ Sentiment: None Disclosure: Held