UML unity mining limited

News: Unity Mining Corporate Profile Video - Rod , page-3

  1. 677 Posts.
    re: News: Unity Mining Corporate Profile Vide... Rod looks very tired. I think he's getting sick of trying to promote the company. He has said most of this stuff before.
    They did do well to keep the cash in bank at $40 million. I can't see them starting up production again at Bendigo at least for the next 2 years, particularly if they are concentrating on North field.
    Africa definitely has potential and I'll be watching Goldstone closely.
    They need to find a lot of gold at Henty so they can build on their current resource - keeping up with their current reource is not enough. But it looks like they have some good ground to explore. But it will cost quite a few million before they can start mining any discovery in the new tenament.
    It's not the end for Unity, and if things do work out for them we'll look back ans say "10c was cheap wasn't it".
    I'll keep an eye on them.
    Busting
 
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