Following a report in The Australian Business that Yanzhou Coal have returned to discuss the companies reserves, and it seem more likely that the matter was discussed further at Felix Resources meetings on Monday and Tuesday of this week.
Last time Yanzhou Coal visited Felix they spent a lot of time at the Ashton Mines in the Hunter Valley.
A move to take a stake in Felix's mines is more likely than an outright bid.
felix budget and general business, page-2
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