Australia's largest stock trading and investment forum Australia's #1 stock forum

UML

Click for more information

0.00%

3.3¢ unity mining limited

No remember they took the hedge position like what idiots hedge...

First 4 Last

Share
Profile

Follow
Gymjunky

4,022 Posts.

917

23/01/15

12:11

Post #: 14629937
Share

Originally posted by Theresa ↑

$12.3M in the bank
+$9.5M cash backed performance bonds
19.3% equity stake in Goldstone Resources
Henty winding back but producing around 11,000 oz per qtr (on track to produce 41,500 oz to June) - costs will be minimal this Qtr - could see another $5M (my guesstimate) in the bank
+ other minable assets

current market cap $12.5M (at 1.2c)

did I miss something?

Expand

No remember they took the hedge position like what idiots hedge when Gold is at the bottom

UML Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

GL1

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

SDF

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

FRB

Firebird snaffles Environmental Permit for Jinshi plant

There are more pages in this discussion • 10 more messages in this thread...

First 4 Last

Add UML (ASX) to my watchlist