CESSNOCK MP Clayton Barr said he is frustrated that local investors in NuCoal resources are still being forced to fight for compensation. Around 500, of approximately 3000, innocent shareholders in NuCoal Resources live in the Coalfields region and had their investment made effectively worthless by the actions of the NSW ...
Read More »Letter to the Editor of Newcastle Herald from Glen Lewis, Non-Executive Director of NuCoal Resources Ltd
Glen Lewis, Non-Executive Director of NuCoal Resources Ltd letter to the Editor in response to an article published by the Newcastle Herald titled “Minister silent on NuCoal” on Monday 19 March 2018 by Joanne McCarthy which contains factual errors I am writing on behalf of the 3000 NuCoal shareholders, including the ...
Read More »Ray Hadley supports innocent NuCoal shareholders….
After taking the time to read all the detail and understand the truth in this matter, Ray Hadley from 2GB interviewed NuCoal Managing Director, Glen Lewis today. Refreshing to have someone as notable as Ray seeing how unjust this fiasco has become. Listen to the short radio clip courtesy of 2GB ...
Read More »Asset Seizure by NSW Infuriates Americans
American institutions are considering launching international arbitration proceedings against Australia because the government of former NSW premier Barry O’Farrell expropriated US assets worth $120 million. The US institutions, which had major shareholdings in listed mining company NuCoal Resources, were among the main losers last year when the O’Farrell government cancelled ...
Read More »Asset Seizure by NSW Infuriates Americans
American institutions are considering launching international arbitration proceedings against Australia because the government of former NSW premier Barry O’Farrell expropriated US assets worth $120 million. The US institutions, which had major shareholdings in listed mining company NuCoal Resources, were among the main losers last year when the O’Farrell government cancelled ...
Read More »