THE former billionaire and discharged bankrupt Nathan Tinkler is attempting to regain control of the Dartbrook underground coal project at Aberdeen, owned by the stock exchange listed Australian Pacific Coal.
On Monday, AQC (the company's stock exchange "ticker") announced it had received a non-binding takeover bid from Mr Tinkler, who proposed buying 20 per cent of the company for $3.78 million, refinancing its debt and interest (put at $65 million in company documents) and launching a takeover bid for the entire company at up to 30 cents a share.