UMC united minerals corporation nl

rubbing salt into the wound...., page-9

  1. 2,238 Posts.
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    unfortunately the way the deal was done and the way the last quarterly was done it has basically made any other bid immpossible. I HAVE NEVER SEEN A BOARD CRUMBLE SO QUICKLY...THAT IS THE PROBLEM. bHP OBVIOUSLY WANT THE TENEMENTS...WHY DIDNT UMC HOLD OUT FOR A HIGHER PROPOSAL...that is why we arnt happy wolfy....and it has surprised many in the industry. What sort of people blatantly lie about there tenements to get a deal done and then in less than 3 months change there tune and sell out. We are very lucky we have a bid at 1.30....not due to the resource we have discovered but because of the management we have voted for.

    pete

 
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Currently unlisted public company.

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