The developments around privatisation could be very exciting for us. If the govt privatises all or even a significant part of their 50% holding in MZC the I would expect an increase in pressure to get things moving. I would also expect that the new private shareholders, if it happens, will want the EL transferred urgently to MZC as their interests will be aligned exactly with ours.
Here's hoping.
Did you have any links we should follow up?
UCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held