CYL UML

re: Ann: CYL: Option Agreement to Acquire Uni... DemonThe answer...

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  1. afd
    906 Posts.
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    22/12/11
    10:37
    Post #: 9475596
    re: Ann: CYL: Option Agreement to Acquire Uni... Demon

    The answer to your question is no.

    The biggest cash bonus as far as I can tell is that the $6m environmental bond would be freed up.

    UML would continue to have a holding in the operation though.

    UML can now focus on investing its cash in ops like Henty Afrcia.
    UML Price at posting: 11.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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