tired of waiting, page-11

No, Yokka, I don't harbour any doubts whatsoever.

Everything Unilife has achieved over the past several years is founded on the partnership with Sanofi. The milestones are set by Sanofi and achieved by Unilife upon which they get paid as agreed under the Industrialisation Agreement.

Put simply, the new production facility would not be happening if Sanofi did not want it.

In the first instance, it is being built so Sanofi can guarantee supply of the next-generation of RTFS that they themselves want, and are currently building into their own barrel filling and supply chain logistics. Make no mistake about this. Unilife is not acting in isolation. There is a very serious, highly confidential, trust-based forward-looking exchange of technology going on here. Sanofi engineers spend considerable time at Unilife's facilities ensuring everything is proceeding according to plan,(key words), and vice-versa.

In the second instance, of course, the plant is also being built to meet projected demand from all the other opportunities being presented to Unilife by major pharma companies who want access to the technology.

Meanwhile, there seems to be an attempt on this thread to suggest that the company will run out of money before Unifill production commences, or that lack of 1ml revenue combined with an expanding payroll will somehow place the company in jeopardy, or worse drive it into the ground.

Each to their own, I guess, but I don't share that pessimistic, if not alarmist, outlook.

How anyone could think the company is hiring staff for the sake of hiring, as opposed to hiring out of planned neccessity the people they require to staff the plant and have it up and running day one commencement of production defies logic.

You don't build a plant to completion and then staff it, hoping to meet hugely valuable contractually pre-planned production schedules. You do it all in parrallel - build the plant while hiring the people and training them, while finalising Supply Agreements, doing all the things that need to be prior to commencement of production, getting your house in order, then flick the switch and start producing the product, delivering it to your contracted partners and happy days, banking the money!

Alternatively, I suppose, they could hire poorer quality staff, pay them less and give them no incentive to perform, cross your fingers and hope for the best?

All that said, an operational update confirming everything is on track would no doubt be very well received by both sides of the debate, me included. But am I sweating on it? No.

BTW, they isn't a rant at you, so please don't think it is. Just an attempt to set out my thoughts in a clear, logical fashion in the face of what seems to be some emotionaly charged and disengenuous posting being made on this thread. As happens from time to time when we're waiting to hear the good oil.....:)