re: News: Minemakers release positive feasibi... UCL investor move adds a twist to bitter Minemakers scrip bid by: Bryan Frith From: The Australian April 20, 2012 12:00AM
THE increasingly complex Minemakers scrip bid for UCL Resources has taken a twist, with plans by the target company to introduce a cornerstone investor.
There's no love lost between Minemakers and UCL. The two companies each own 42.5 per cent of the Sandpiper marine phosphate project off the cost of Namibia, which could become a major global operation.
Emphasis on the could. For christ sake AD/Board get your shit togther and get a deal done. Potential in spades
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