WMT western metals limited

whats recoverable

  1. 23 Posts.
    The Sydney Morning Herald --- Page: 27
    Australian base metals miner, Western Metals, has been placed in receivership. On 23 July 2003, US noteholders, who hold $US185m ($A284m) in Western Metals notes, called in the receivers, PricewaterhouseCoopers' David McEvoy and Stephen Longley. Western Metals went into voluntary administration in the week ending 18 July. One company which provided services to Western Metals, the Monadelphous Group, revealed that it is owed $A900,000 by the miner, of which $A400,000 is payable by the end of July.
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