Bathurst NZ Supreme Court challenge in October

BATHURST Resources will take a decision by the New Zealand Court of Appeal that ruled in favour of a L&M Coal Holdings $US40 million claim against the company to the country’s Supreme Court next month.

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The $40 million was a performance payment to LMCH.

The $40 million was a performance payment to LMCH.

Bathurst had denied it was liable for the performance payment.

The NZ Court of Appeals disagreed.