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Newcastle Herald
Newcastle Herald
National
Donna Page

Tinkler must find $250,000 to fight Whitehaven for 26m shares

UNDER PRESSURE: One-time mining magnate Nathan Tinkler is fighting for access to 26 million Whitehaven Coal shares.

A $1 NATHAN Tinkler company with no bank accounts has been ordered to pay $250,000 to advance a Supreme Court case as the fallen billionaire attempts to stake a claim on more than 26 million Whitehaven Coal shares.

The move, which could be worth more than $150 million, is linked to the $5.1 billion merger deal from 2012 between Tinkler's Aston Resources and Whitehaven, which included the acquisition of Boardwalk Resources.

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