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DARWIN businessmen John “Foxy” Robinson and Nick Paspaley look set for a month of controversy as they seek to finalise the purchase of a mothballed Hunter Valley coal mine in partnership with former billionaire Nathan Tinkler.
Orca Energy Ltd (ASX:OGY) is preparing to outline details of a proposed acquisition and Chapter 11 transaction. The ASX has granted the company a trading halt, with its shares placed in pre-open. The halt will remain in place until the opening of trade on Friday 24th June 2016, or earlier if an announcement is made to the market.