From 27th Feb 2013 release "We expect the investments made at Henty in Read development during the first half will lead to a second half improvement in production for the year, within our revised 40-50,000 oz guidance range. Importantly, Read remains open to further exploration along strike to the south, and is well positioned to provide additional high grade ore going forward."
UML is expected to break even for the 30th June 2013 full year IMO revenue could increase dramatically in the 2013/2014 full year with the new DARGUES mine coming on stream
UML Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held