“Our current plans and budget also include continuing to explore...

“Our current plans and budget also include continuing to explore our highly prospective regional tenement
package adjacent to and along strike from Henty. Any significant discoveries within the region may lead to a
re-evaluation of the Henty mine’s future” said Mr McIlwain.
==> the Henty mine is still generating very good cash flow, UML might extend the mine life if it still produces good cash flow. remember if any discovery, it will surly extend the mine life. if it's announced that the mine life is extended, what do you think the SP will be? 26M + 3 * 10M (3 more quarters) = 56M cash in bank. the MC is just 13M now.