BON and UCL will benefit from each other's work. UCL does have...

BON and UCL will benefit from each other's work. UCL does have significantly more higher grade ground but BON appears to have sufficient higher grade to get a great start. BON also has the benefit of some cash flow from their diamond operation as well as several million or so in the bank.

BON has much smaller share base, UCL has more concentrated ownership with a couple of high profile shareholders with cash to back their holdings.

Overall I'm not fussed about trying to pick between the two for prospects in Namibia. If one does well the other benefits.