I am a holder of this share because of CRC.
I have given up all hope that this share will make me any money. I need a 12 bagger from this level just to break even. I am not interested in averaging down either with its present condition. They could not even make money even with the decent gold price. Like me, you should just accept that this is a goner, sadly. I doubt anyone i would think its a wise idea tipping money into UML given their recent track record.
I am only holding on because, I have a few very promising shares and when they hit jackpot, i can use UML to offset my CGT. Whatever chum change i get out of this, i will console myself with a fancier fish and chip dinner to celebrate.
the production figure are indeed well short, the stoop failure and subsequent change in geology in the area is the cause of this. we are now only getting by until a new mine pops out or they get their act together with Dargues.
Kangaroo flats and the africa operation is now nothing but a side show. they should just get rid of it and concentrate on Dargues.
GLTA
I am a holder of this share because of CRC.I have given up all...
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