independent review says accept, page-21

Like you Bull I'll be holding out on accepting. Who knows what might develop?

Out of interest folks, if UCL was able to stitch together a deal, eg with Coromandel, to make an offer for BON would you accept and what sort of price would you want?

I would be keen as I hold UCL. Even without that I would prefer the confidence of being certain that the Namibian assets would be full steam ahead under consolidated UCL/BON merger than the uncertainties that might prevail with MAK/BON merger at 42.5% of the JV (assuming it holds up). Price wise I would be looking for 8 cents plus preferably with some form of cash component although scrip would be inevitable in some form.