This may be a red herring but does anyone know if clause 23 was renewed in 2013?
I'm wondering how ordinary shareholders would stand if if we go down the Itochu path and the Japanese don't want our full 25%.
http://www.allianceresources.com.au...e of Extraordinary general meeting/proxy form
"The Directors consider that shareholders should have the opportunity to vote on a proposed proportional takeover bid. A proportional takeover bid for the Company may enable control of the Company to be acquired by a party holding less than a majority interest and without shareholders having the opportunity to dispose of all of their shares. This may mean that shareholders could be at risk of being left as part of a minority interest in the Company. Clause 23, if renewed, would enable shareholders to decide whether a proportional takeover bid should be permitted to proceed."
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