IMO the UKL/MRO merger has to be better than no merger because UKL seems to have been lost and lethargic for some time now. In saying this, shareholders will be hoping that the merger will provide a little more critical mass to start things happening as opposed very little apparent progress despite the steps and timings promised and subsequent delays and in-fighting (ie the Karl Meyers episode).
Compare the progess of EXT DYL AND BMN and their efforts in making progress and keeping shareholder informed. A previous posting called the directors "lazy" - it is difficult to argue with this assessment.
Hopefully the merger will give a kick up the pants of UKL and deliver on at least some of the so-called potential provided by Warwick Grigor in {http://www.uraniumking.com/resources/UKL8March07.pdf}.
I would be happy if someone provided me with a contrary point of view.
Regards to all.
UKL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
