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lynas deal gets cancelled

  1. 3,608 Posts.
    http://www.miningweekly.com/article/forge-shares-tumble-as-lynas-deal-gets-cancelled-2011-05-11

    "But on Wednesday Lynas said that it had consulted with major shareholders,"

    "Forge noted that given the uncertainty of Lynas shareholder support in relation to the transaction, Forge directors felt that a fundamental component of the successful development of the Crown and Swan deposits would not be possible."

    Well looks like the shareholders have won there after opposing the deal.

    Robert

 
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