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Three-sided fight now on for Gascoyne

GASCOYNE Resources’ administrator, FTI Consulting, has declined to recommend a rival recapitalisation proposal from Hong Kong-based Hanking Mining, saying there are too many uncertainties, while Singapore-based fund BlackRock has thrown its oar into the water just hours before today’s crucial creditors meeting, 

Haydn Black
Gascoyne's creditors have a lot to unpack today.

Gascoyne's creditors have a lot to unpack today.

A third competing DOCA has emerged, delivered by Sydney-based Habrok Mining, representing parent Remagen Capital Management and BlackRock, that could pay unsecured creditors owed up to $20,000 cash at...

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