Whitehaven plunges on ANZ funding hoax

WHITEHAVEN Coal shares fell almost 10% today after a phony press release claimed ANZ was withdrawing its $A1.2 billion loan for the company’s Maules Creek coal project because it failed to meet environmental standards.

Whitehaven plunges on ANZ funding hoax Whitehaven plunges on ANZ funding hoax Whitehaven plunges on ANZ funding hoax Whitehaven plunges on ANZ funding hoax Whitehaven plunges on ANZ funding hoax

The hoax press release, on ANZ letterhead, is believed to be have been sent by green groups opposed to the mine’s development near New South Wales state forests and agricultural land.

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