FLX 0.00% 17.0¢ felix group holdings ltd

cracks may be appearing in yanzhou's bid, page-5

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    Yanzhou Coal have plans to introduce their LTCC Technology to the Moolarben Underground mine. This is used at their Austar Mine (Now bidding for Felix Resources as a subsidiary of Yanzhou Coal) and the technology is owned by Yanzhou's parent company Yanksang (Owned by the Peoples Republic of China).

    The design of the technology is now designed and manufactured in China as it was for the Austar Mine. More water is needed in the cleaning process that is likely to increase the chances of polution at "The Drip", and the Goulbourne River in the Hunter.
 
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