Tigerman,
"THX on the other hand are pretty smart mining guys & would be wanting to study every aspect of the situation paricuarly the situation after the rescource figures are released.If the terms dont suit who knows they make make a bid themselves"
Could it be possible that UMC THX & ROY would again be 1 Co then a spin off
1. IO & Nickel
2. Bauxite
3. Uranium
food for thought