the return to share holders would be classed as what a dividend...

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Gymjunky

4,854 Posts.

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09/08/15

17:14

Post #: 15775635
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Originally posted by AndyIgo ↑

Hi JGPM and all,

You are of course entitled to your opinion; however, you are quite wrong I admit I was once conned by the management of UML but I’m please to say I have moved on.

Shooting the messenger is one approach; however, why not consider some of the facts and the questions I am raising such as will Drauges ever proceed. Giving shareholder funds back only to ask them at a later date for funding for a new mine smacks of stupidity to me!

When Andrew came on board the Henty mine was producing well with good grades and this was reflected in the share price. If the new blood had not arrived when it did where do you think the share price would be today?

If you only recently purchased into this company you may do OK longer holders have seen significant shareholder value lost to disastrous management decisions.

In my opinion Andrew has proved several times to be incompetent and certainly not up to the task of running a successful company and like you sir I believe I am also entitled to my opinion.

I do; however, wish you and other investors well; I really do think you at least deserve some clarity as to where this company is headed.

Cheers and very best regards: Andy

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the return to share holders would be classed as what a dividend or special dividend just a bit confused about this for tax reasons.I spoke to a friend of mine in canberra and he works for the environment.He told me that they could find nothing wrong with the mine proposal.

UML Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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the return to share holders would be classed as what a dividend...

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