Appointment type:

Joint and Several Receivers and Managers
Joint and Several Liquidators

Appointment dates:

25 February 2010
4 March 2010
30 July 2010
13 May 2011

4 November 2011

Entities in receivership:

Letten Schemes

Letten Companies

Additional Letten Schemes & Companies

Entities in liquidation:

Letten Companies: 13 May 2011

Letten Companies: 4 Nov 2011

ACN: Refer to schedule 


Damian Templeton &
Philip Hennessy 

Office: Melbourne

Australia: 1800 882 944 
International: +61 3 9838 4238

Contact email:



Cass Bay Spur Project 

Information for investors of the Cass Bay Spur Project.

The New Zealand based Liquidators have advised that the Cass Bay property has been sold at auction by the secured creditor. Based on the sales price achieved and information currently available, insufficient funds have been realised on the sale of the property to repay the debt owed to the secured creditor. Therefore, there is not expected to be any funds available for distribution to Investors.

Further information will be provided when it is possible to do so.