The builders of the original Titanic, Harland & Wolff, have put a big dent in Palmer’s $1 billion effort to recreate the ill-fated ocean liner.
It is difficult to decide whether the latest twist in the tale of Clive Palmer’s quest to build an exact replica of the Titanic falls into the category of “larger-than-life billionaires” or “truth is stranger than fiction”.
The shipyard, which increased its loan package by $US25 million to stave off the corporate undertakers, is clearly a beggar but, in rejecting Palmer’s overtures, seems to still be a chooser.Palmer was pretty hyped about the meeting with Harland & Wolff’s chairman, Russell Downs, and so nettled by the company’s last-minute cancellation, he was driven to characterise it as “some dirty deal in the making”.
According to Palmer: “These actions should raise alarm bells. It appears to me that the company and its advisers are not acting in the best interests of its shareholders. Are they working on a dirty deal that sells them out?”And Palmer is no stranger to hyperbole nor abnormal-sized aspirations.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Clive Palmer’s previously dumped car museum gets the green lightVintage cars once owned by royalty are expected to be on display when Australia’s biggest car museum opens, after the idea was ditched in a different south-east Queensland council area.
Read more »
Clive Palmer set for dinner at The Lodge after storming PM’s charity auctionThe mining billionaire is said to be the anonymous bidder who shelled out more than $25,000 for a charity dinner with the prime minister.
Read more »
Liquidator for Clive Palmer's former company Queensland Nickel says creditors paid in fullAfter eight years of financial heartbreak and court battles, the liquidator of Clive Palmer's Queensland Nickel refinery says it has paid the company's former creditors in full.
Read more »
Ingebrigtsen v Kerr: bickering rivals ready for titanic 1500m battle on trackEchoes of Coe v Ovett abound as Norwegian great looks to take down Brit who beat him to world championship glory
Read more »
Anti-monarchy Labour MP has to retake oath after omitting part of it as protestClive Lewis would have been at risk of a byelection if he did not pledge allegiance to ‘heirs and successors’ of the king
Read more »
Titanic scholar on James Cameron, the Titan submersible disaster and dedicating your life to a 112-year-old tragedyHe has been on salvage expeditions at the wreck site, met James Cameron, and written 20 books, but says: “The more I read, the less I know”. Now his show has steamed into Brisbane.
Read more »