UNS 0.00% 0.5¢ unilife corporation

senior vice president of operations, page-7

  1. 176 Posts.
    Redpill
    I think you are too conservative with the costs interpretation. Keeping costs under a tight control is certainly good, but probably not the most important focus of the current development.
    The way I read it, the mgmt is currently seeking valuable long-term contracts. These will be substantial contracts, therefore a potential customer would certainly start a due-diligence process, including infrastructure (technical possibility) as well as available human resources to guarantee the production. You can't hire and train staff overnight.
    The more ifs and whens regarding infrastructure and human resources we have, the more difficult it would be to get quality contracts in.
    Therefore I wouldn't be overly concerned with the costs at this stage, as long as there's no indication of unjustifiable cash remuneration packages for the mgmt.
    Cost cutting on hr and infrastructure at this stage is probably the worst thing to do and could give a wrong impression to potential customers. You wouldn't want to put a P-Plate driver behind the steering wheel of a million dollar car that is about to leave the factory, would you?
 
watchlist Created with Sketch. Add UNS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.