Sorry guys - please ignore the previous post which was...

Sorry guys - please ignore the previous post which was incomplete.

"Even the late Kerry Packer loved the Victorian story at one stage, taking a large chunk of the former Bendigo Mining. That story fell apart in 2007 when the company delivered the news that "it is now apparent that a general overestimate of the potential of the Sheepshead and Deborah lines has been made", which required a "change in strategic direction". The market did not take it well.

All these memories came flooding back with the news that Unity Mining (UML) -- the new strategic direction of the former Bendigo Mining -- had experienced a stope collapse at its Henty mine in Tasmania which led to the loss of 60 per cent of the targeted ounces from the affected zone for the December quarter. But Mike Millikan at Hartleys retains his spec buy on the stock, forecasting a 12-month price target of 10c (4.4c close on Friday). A new by-pass has been completed around the zone and production should be back to normal over the coming months."