Unico had a smaller mill with productions - the pilot test mill made good profit at lower PM's and base metal prices years ago -
the management decided to increase the mill capacity to make higher gains - and profits - for Unico shareholders -
the LT longer term outlook is looking good -
Conclusion: In general analyst believe in 2007 commodities are not a poor investment. Contrarily, they believe that even though they have been a poor investment in the past, they are - a fantastic investment now. After more than two decades of a major bear market for commodities they do not expect the following bull market to be over in a handful of years.
PM's production and the company could start to make earnings per share soon -
just use a very conservative PE of 10 - we could see the stock quickly climb - to much higher prices -
Please, we need to ask for some of estimations - made in the first case when the board of directors decided to increase the mill capacity etc. ? - it was tabled some time ago - with much lower PM's and base metal prices - they have been presented on the old N/R - the old UNCN board had many messages about it etc. - the gains and profits will be higher with the much commodity bullion prices etc. - Imo. Tia.