UML unity mining limited
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I don't think this comapny's SP is cheap at all. They'll be...

  1. afd
    2,216 Posts.
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    20/01/15
    00:08
    Post #: 14607509
    I don't think this comapny's SP is cheap at all.

    They'll be closing the Tassie operation soon. So that will bring a stop to current income.

    Current management built a road to a hole in the ground at Dargues and need $80m or so to get the mine operational. More if 100% of the gold is going to treated on site at Dargues.

    (Much) better buys elsewhere.
    UML Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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