couple of week till resource upgrade..., page-22

Hmmm. I dont buy that its the board completely at fault here..

IMX had opportunity to participate in the cap raising so at very least they would maintain a 33% holding. Yet they chose not too. A small outlay for IMX in terms of capital investment in the future of UNX. Their participation in the cap raising would have spoken volumes in terms of support and confidence. Yet nothing. I wouldnt be surprised if IMX were not the catalyst in the capital raising bungling in the first place.

If it is the major shareholder who wants out then this stock is being manipulated for a potential T/O. Simple.

If however the board members are simply incompetent, and the major shareholders are keen for this story to continue then I imagine there will be action against the board members around the time the Manyoni project resource estimates are released.

Either way at these prices this company is a buy!