Good morning audacious, i cant say much with out going into great depth
I will how ever say this, we have found a junior minor with high potential, zero debt 13 plus million in bank, as we all know.
the market is a volatile place at the moment hence the massive fluctuations in the gold price, I anticipate uml shares to fall below 0.01 leading up to march and that's great il be taking this opportunity to hedge any potential losses. against the low price im looking at doubling my stake in the company by the end of feb
Fingers crossed for a mid march quartley
and from there the math is simple
Low production cost
low oil price
Low australian dollar
High gold price
Zero debt
Cash straight to the bank, this share is exceptionaly undervalued in my opinion they will undoubtly post a 4-5 million dollar profit for this quarter with investors looking for stand outs this company will be hard to miss.
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