New Game Plan ????????????, page-13

Sack the whole board of uml.
and then, quickly organise a t/o by IAU of uml.
say 3-3.5 uml shares for one IAU share. no cash
approx 70 mil in bank, another 5 mil coming from bendigo sale.
put zambian copper project on back burner.
get henty up and running producing later this year.
start dargues and have it up and running next year.
nice cashflow and prob 100,000 onz per year at below $1000 aud AISC. could have 100mil in bank within next 3 years. thats what i would like to see happen.
all uml shareholders still exposed to upside because asx listed company doing takeover.
simple and good for all. even PYBAR i recon.
they would make more this way then with their own takeover and less problems.