nice to have my little birdie thread running so hard.
i would say that things are progressing. the aussie market takes no notice of the fact that out shareholding is not in question. its all about the management of the project. As seals said the shareholding has a great value based on the NPV.
We are so USA centric here in Aus that we believe that if the USA is not in favour of that region that all business stops. Well it clearly doesnt.
The most important thing i have seen is the Ayatollah imploring everyone to put article 44 into action which requires the moving ahead with privatisation of the Iranian assets. He is the big cheese and what he says goes. i think we will see the iranians quickly trying to make this work with UCL.
but that could be hope talking. cheers andrewe
UCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held