Benefits? Short term (over the next few weeks?) MAK is hard to fault. UCL might go down after the offer closes. Over the long term UCL share price may be more volatile (higher risk/reward profile) but that isn't always attractive to everyone.
I am sticking with UCL. I don't like the MAK tactics and I like Iran. MAK strikes me as a branded miner (they spend more on marketing themselves!). We seem to be a no brand miner. If you stay with UCL, remember plenty can go wrong when an exploration play tries to become a producer. The same applies to MAK too.
UCL Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held