UNV universal coal plc

the fact is that if they get what they are aiming to do up and...

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    the fact is that if they get what they are aiming to do up and running the company is worth a lot more than it is today.

    If they are blowing smoke up our proverbial behinds then we are in trouble.

    But that applies for any company. At the end of the day with any company or investment you have to have some faith in the people running the business. If you don't, there's no real point investing in that company.

    Personally this mine seems a pretty darn straight forward scenario at this stage. The main equity funding was done at a 100% premium to the current price and the IPO was at a huge premium (triple wasnt it?) to the current price.
 
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