LloydThanks..but why not just post it here on HC..best way of...

Lloyd

Thanks..but why not just post it here on HC..best way of getting all and sundry debating concerns raised..most sensible way imo..you can send out 100 copies to all and sundry..everyone will have a different opinion and only a select few (your contacts) will know outcome.

the way I look at this "merger" is CUL was to have been IPO'd (floated) last year..the GFC put paid to that..the float price was to have been 20c with the same tenements as the newly merged (MKY+CUL=CUU) company now is drilling. The CUL package, imo, is worth alot more than the MKY..that is why PGS (owners of CUL) are the major shareholders (if my memory serves me they own around 117mil shares in CUU (not Blood)..effectively MKY has been takenover by PGS/CUL for it's listed status..new management will be getting rid of MKY's bauxite..they have already gotten rid of MKY's old Wally's and coal tenement

CUL management have done all the hard work getting this package we are drilling at the moment together, getting SK Energy + RAU + others on board to invest..it makes sense to me that they get some involvement/options. Steve got his options via his start up (with MKY) salary packaged, CUU has to honour that arrangment.

I really think we need to burying the old MKY and look forward to CUU delivering..and if they do, I'm happy for the directors to get a share of the action..and before anyone asks, I am not part of CUU/company/friends/or whatever..I'm an investor who has held for some time..thankfully showing a profit