AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Annual Report to shareholders , page-4

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  1. 2,321 Posts.
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    AGM on 22th November- a resolution on takeover, asking shareholders permission for more power in a takeover.

    I do not quite understand the full legal jargon in the AGM notes but I think that is what it means.
    After resolution is passed, does this mean a TAKEOVER IS COMING UP IN NEAR FUTURE.

    WRM may be a good one to takeover. Whole company worth only about $9M with high resource of shallow silver and gold and plenty of infrastructure, much closer to port.

    AYN may be a much bigger company soon. Worth watching.
 
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Currently unlisted public company.

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