UML unity mining limited
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Ann: Unity Market Update , page-18

  1. afd
    2,216 Posts.
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    28/09/12
    13:03
    Post #: 10786067
    Yes Samscout.

    If UML get the new mine up and producing, then they'll be able to argue that any cash flow will need to be channelled towards the development of Goldstone and the reduction of debt.

    Therefore no money for something as frivalous as dividends for pesky shareholders. Let's talk in 6 years or so.

    Fortunately management will be able to justify higher salaries and bonuses because of company growth. I feel somewhat relieved in that regard.
    UML Price at posting: 13.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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