Tuesday, November 6, 2012

Tinkler faces debt ultimatum - The Australian



COAL entrepreneur Nathan Tinkler has been granted another week to settle an outstanding debt or face the liquidation of one of his companies.



Mr Tinkler's Mulsanne Resources agreed to buy a 33.85 per cent stake in listed coal junior Blackwood for $28.4 million but failed to stump up the sum, prompting Blackwood to sue in August.



No comments:

Post a Comment