Newsletter out from the Special Administrators, to note are the losses the company has made over the last few years! That would explain the need for SA. Pasted below is the section about the Newcrest ILUA, if they want to chat then they are expecting to negotiate a deal
We have had a meeting with Newcrest to introduce ourselves and to talk about the special administration. Unfortunately we have not yet had any detailed discussions about the draft ILUA although we are hoping to do so shortly. We will update you on the draft ILUA and the next steps at the information meeting.
http://register.oric.gov.au/document.aspx?concernID=104207
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