Just seen this in Stuff
https://www.stuff.co.nz/national/121792508/west-coast-mine-to-cut-workers-hours
Last paragraph gives the relevant info.
So we have a figure at the current exchange rate of NZD70m to pay and payment of "some or all of the debt" needs to be paid now
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.
Pretty pi** poor disclosure from BRL. Why hasn't there been an announcement on this???
Just seen this in...
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