Share BB still going (an excellent time for a company to be cash rich for SBB or M&A, IMO).
1.44m shares BB in April (notice 3rd May)
4.79m shares BB in May (notice 5th June)
Total 6.23m - up to 10% = 51m from memory
Long way to go, but hugely EPS accretive at these levels (just happened to time it nicely!)
Just started having a look at UML, seems they are a producer (albeit short life asset) on a forward p/e of about 4 and a very low EV with all their cash pile, and buying back 10% of shares. With any junior explorers needing cash in the coming 6 months, mgmt could possibly squeeze out some excellent work-ins or look for M&A opps.
Interesting
UML Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
