Unitec Int. Controls Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Unitec Int. Controls Inc.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard Saunders who wrote (150)	2/3/1998 10:40:00 PM
From: John B. Smyth	Read Replies (1) of 856

Sometimes its good to go with your hunch, but sometime your hunch is wrong. The work we are doing here will not be affected by Capex reductions. The systems we are installing are replacing ones that have not worked successfully and/or are in remote areas where maintenance is performed by helicopter fly ins. The cost saving justification is significant. Our customer has advised that they will be doing another significant number of systems this year. If we continue to perform, I believe it will come our way. Other gas producers are watching these systems closely, so I have no concern about meeting sales objectives. We are also bidding gas projects in Latin America, the Middle East and Asia. I am still working on the Business Plan. It will not be for "public consumption" per se, but I will send it to shareholders. I will e-mail a copy to you "in confidence". I'm not sure that the market is trying to say anything. I suspect that there are other forces at work. I have been approached by a potential suitor who has inquired whether a control block might be obtainable. Perhaps this has something to do with it. Regards, John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next