gutumike, I hear where your coming from, I reckon a TO of UML for $25-30m would take into account shutdown / sale of the Bendigo mine (as well as all the redundancies etc), however I don't think they would want Goldstone or any of the failed UML management either, just the leftover cash and the Henty mine and neighbouring tenements....at the right price it could be good for BSM.....
trading halt & capital raising, page-38
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