Future of mine unclear

The future of the Mineral Hill Mine near Condobolin is unclear.
Receivers and Managers have been appointed to KBL Mining Limited, the operators of the well known local mine.
Administrators were appointed to the company on 8 September.
However, on 19 September the secured creditor of the company appointed Martin Jones, Andrew Smith and Ryan Eagle of Ferrier Hodgson as Receivers and Managers over the assets and undertakings of the company.
A creditor’s meeting was held at the Railway Hotel on Tuesday, 20 September.

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