UML unity mining limited
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"the right, but not the obligation, to sell 2500 oz of gold per...

  1. Discocopper
    322 Posts.
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    12/12/14
    10:01
    Post #: 14449872
    "the right, but not the obligation, to sell 2500 oz of gold per month over that period at a price of A$1445/oz, while still retaining full exposure to increases in the gold price above that level"
    So even if POG does rise (or the A dollar drops) - they still get the better price.
    UML Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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