I could not have explained the current dilemma that CCU is in any better , than jantimot. All the fundamentals are there , they have had the norma production l hiccups that any start up mine would have .
On paper its under valued and should be a glaring Buy! to anyone looking at this stock for the first time and even existing stock holders who want to increase their position.
At 27c it seems very cheap especially if the March quarterly production report shows an increase in production compared to the December quarterly production figures , and especially if they can show that they are heading towards their initial production target figure of $2.5m oz pa which would mean around 625,000 oz per quarter in a full year.
Whilst some investors have lost confidence in the company , I believe this will improve with the next two quarterly production figures.
CCU Price at posting:
26.2¢ Sentiment: Hold Disclosure: Held
