who else will accept?, page-12

Assuming one has 1,000,000 shares in BON
MAK offer will see you 100,000shares in 100,000,000 shares approx in MAK
That’s .001 % in MAK .

That’s the way I see it I would be getting a very small % interest in MAK which makes it hardly worth the effort from a BON perspective.

MAKATTACK you may be a shareholder and would be gambling on the price of MAK to sky rocket which even if it does a 30cent value in BON now would equate too $3.00 in MAK . Very unlikely in this climate and the Phosphate price being what it is.

Even if BON/UCL did a 1 for 10 consolidation your % interest is always the same.

IF MAK were some sort of Blue Chip Company then maybe the deal would be justifiable, for me MAK holds as much risk as BON/UCL and I would rather have a bigger chunk of the if the Marine Phosphate is a success.

Regards

Chass