the reason no other parties have moved in recently is the price...

the reason no other parties have moved in recently is the price of copper hasn't given anyone the incentive to- no things are stabilising, there are more parties sniffing around the whole Isa area...

I don't think any merger will take place for the same as Pumpkin's abovementioned reasons- major holders- Xstrara, CFE etc.

this is what worries me should it go ahead-

"The Companies have agreed that Universal will assess its capital requirements during the period of
the merger and will advise the market should a decision be made to raise additional funds."

Management have to go before I will be tipping any more funds into black hole(so far)