UML unity mining limited
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AFD,UML can pay a dividend provided its solvent - with no debt...

  1. Samscout
    1,077 Posts.
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    30/01/12
    15:45
    Post #: 9615482
    AFD,

    UML can pay a dividend provided its solvent - with no debt and 45 million cash I would think it was solvent. Refer

    http://www.smh.com.au/small-business/finance/law-changes-pay-dividends-for-investors-20100701-zoig.html

    RE your second point how does producing 10,000 ounces each quarter at a healthy margin prevent it from paying a dividend?

    UML Price at posting: 12.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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