but am sure that somewhere deep down the African's want to make money and as such they will have to get their act together to present a case for stability. I am also a holder of Nkp and that has been a clear example of what can happen in south africa and even though i am hopeful of positive long term gains it is one bumpy ride for all concerned.
When you have major institutions who try to derisk as much as possible and they are the ones who move share prices to multiples than you can see why we are quiet at the moment. However if they do get there act together than these type of companies will make people seriously rich.
What i do like about unv is the downside risk is minimal other then africa based risk. Earning money this year and ramping to 6mtpa in 2012/13. Not a long wait to production and with the world markets in unchartered waters happy to be in speccies with near term production.
the rally will come.
UNV Price at posting:
47.0¢ Sentiment: LT Buy Disclosure: Held