See my post from 11/6/2020
https://www.stuff.co.nz/national/121792508/west-coast-mine-to-cut-workers-hours
Last week, the Supreme Court declined Bathurst's application for stay of execution of judgment meaning Bathurst was required to pay some or all of the debt into a trust account of a third party until the application before the Supreme Court is finally resolved. Together with interest, the debt now stands at some US$46.06m (NZ$70m) plus costs.
We haven't heard anything from Barthurst (again) and shareholders seem to be the last ones who are told anything. Would have thought with these amounts that the Board would have the courtesy of telling us something.
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