UML is forecast to produce 40,000 oz (conservative assumption) at A$1000/oz (based on the latest June quarter) from the Henty mine. With gold prices shooting north past the A$1700/oz mark, UML can look forward to a very healthy cash flow and tidy profit this Sep Quarter. Perhaps shareholders can look forward to a higher dividend this month.
UML is forecast to produce 40,000 oz (conservative assumption)...
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