CAPITAL MARKETS

Unity future uncertain

WHILE sentiment has improved in the Australian gold sector in 2016, the acting managing director of takeover target Unity Mining, Frank Terranova, has not seen any "tangible evidence" that significant slabs of capital is available for ambitious juniors.

Michael Quinn
Unity future uncertain

“There is no evidence to suggest juniors are raising cash hand over fist,” Terranova told MNN. And for this reason Terranova is “hopeful” the A2.9c per share takeover offer launched by Diversified Minerals...

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