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Update # 6 Rangelea Holdings Court Action

Most of the royalty / compensation monies paid by the mining companies are now held by the Supreme Court of South Australia.  Some of the money is still being paid to the Master Trust / Rangelea Holdings Pty Ltd.  The Court will continue to hold these royalty / compensation monies until it has heard the applications made by ATLA and the directors of Rangelea Holdings Pty Ltd.  The special administrator does not have access to the royalty / compensation monies and has not requested access to these funds. 

Peter McQuoid
Special Administrator