3 cents is 20% above current price and above cash backing. Plus their should be penalites for Liongold not delivering as it has made UML's business more difficult due to not having the cash at the time.
So there is a upside in pursuing this.
At the same time lawyers generally costs everyone involved so management should take a serious look into the risk / reward for pursing these funds before proceeding.
surprised and confused point 2, page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)