unfortunately the way the deal was done and the way the last...

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