Black Pearl has announced a trading halt for its securities.
Trading was halted prior to the market's pre-open on Friday.
The halt was approved by NZ RegCo, the regulatory arm of the New Zealand stock exchange.
See moreThe Southland project was rejected under a different fast-track process six months ago.
Analysts say the operating backdrop remains challenging.
Let the French have Fonterra brands, Eden Bradfield writes.
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