well i bailed

I noticed people here critising those who bailed from ucl last week. Well I did. Please don't attack/insult those who did.
If you are so confident in the shares you should be happy we bailed as you will be able to pickup cheaper shares (but I bet you won't).
IMO this is a huge blow and one that has every chance of being unrecoverable.
I admired people here's optimism, but from my experience if one party wants out of such a contract then its never going to be good ie seems very likely that the Uranians are just searching for a way out.
IMO for them to want to they possibly have another deal with someone else on the cards....so IMO the best case scenero is a protracted legal battle and worse case is that its all over...either way its not looking good.

I envey those who can hold and have no problems risking it all...and I really hope it works out.
UCL is a good company and I admire its drive and willingness to take a risk...it could have turned out all so sweet....so I am not angry at UCL at all (we all knew the risks).
I would certainly back those involved in UCL if they started another company/venture sometime in the future. Its such a shame such an excellent group of people got sc#$wed.