Thats not a bad Deal Mihal, this still has a little while to go..just to point out as well cic has About 58 million shares compared to our 500 modd mill.
Any idea when we will get our delayed results??
The CIC board has recommended the deal to its shareholders and a final approval from the members will be sought at a meeting on or before August 28. "The merger agreement provides for an outside date of October 9, 2012 for the completion of the merger," CIC said, adding that completion of the deal is subject to regulatory approvals, including from government of Botswana -- where it operates the coal mine.
http://articles.economictimes.indiatimes.com/2012-07-25/news/32848400_1_cic-energy-corp-jindal-steel-power-canadian-firm
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