That is the best annoucement I have read from CCU in a long time. Yeah I am annoyed they haven't got up to full production yet. But it reads like they have found the man that will make it happen.
I like that he has already found cost savings in staff and looking at further cost inititives with the pit design. It shows he is pro-active, not reactive which is a great sign.
It is the people running CCU that will decide with we are successful and on this annoucement I am happy to hold on. It also reads as though they have no intention of coming back to us for more money.
Good luck Paul and your team. I hope you can deliver the returns that were forecasted over the past years.
CCU Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held