Wollongong Coal's liabilities outweigh its assets by $748 million, auditor says

By Ben Langford
December 8 2016 - 4:30pm

Wollongong Coal’s liabilities outweigh its assets by more than $748 million, causing significant doubt on whether the company can remain solvent, the miner’s own auditor has stressed.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Wollongong news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.