UCL ucl resources limited

bbc experts comment. iran attack unpredictable, page-6

  1. 9,327 Posts.
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    Hi nobull

    I think your suggestion is sound re not needing to buy Wonarah. From the various announcements we've seen, from both companies, it appears that UCL tried to propose a solution to MAK which left Wonarah out but MAK refused it. This is very frustrating to me as that approach would be the best benefit for both sets of shareholders - consolidate management of Sandpiper under UCL but with major shareholding protection for MAK holders whilst leaving Wonarah solely for MAK. Also that would leave Mehdiabad to UCL holders. Seems a win all round to me, perhaps Cliff might be the circuit breaker of sense at MAK?
 
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