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FTI triumphs in Gascoyne war 

CREDITORS in Gascoyne Resources backed FTI Consulting's deed of company arrangement on Thursday, despite an eleventh hour proposal from Sydney's Habrok Mining, and a desperate last minute offer from China's Hanking Mining to toss even more money into the pot.

Haydn Black
FTI has won the cup.

FTI has won the cup.

Hanking's last minute bid threw an extra A$14 million, boosting the offer of upfront payment to creditors to $30 million and - tellingly - removing Foreign Investment Review Board approval as a pre-condition,...

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