OTCQX:YZCAY - Post by User
Post by
Grebmoolbon Dec 07, 2009 4:55pm
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Post# 16562252
Felix Resources vote on YZC in 75 minutes
Felix Resources vote on YZC in 75 minutesFelix Resources vote on the bid by Yanzhou coal in 75 minutes time. A vote of 75% in favor is needed otherwise the bid fails. A number of shareholders are rebelling against this unsatisfactory bid of a A$16.95 a share. Much depends on the former White Mining shareholders who may surprise and vote against.