UNV 0.00% 16.0¢ universal coal plc

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  1. 591 Posts.
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    Saber yes I did once I read the 77% acceptance level yesterday morning. All were accepted as confirmed today. We collectively were 2.5%. As the global economy currently stands it is more comforting to bank 10c per share now (and redeploy into some bargain blue chips down the road) and hold TER longer term now that Weber will be there to guide operationally and to leave the business decisions / corporate actions to the hard nosed exec's at TER who clearly fight to win. Hopefully they can finally conjole the Sth African authorities to approve the Berenice mining licence and then the IWUL. Would love to see it producing and pumping out profits in the next 18 to 24 months.

    I'm hoping TERs accounts start to recover now that they have some genuinely profitable assets.

    onwards and upwards I guess
 
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