Cattle on Packhorse Pastoral’s Roma district aggregations
GINA Rinehart’s Hancock Pastoral has confirmed the purchase of two of three premium southern Queensland/Northern NSW grazing properties put to market last December by Packhorse Pastoral Co.
Hancock has secured Packhorse’s 10,029 ha Moolan Downs aggregation southeast of Roma and 8371ha Ottley Station, 50km west of Inverell in northern NSW. No price has been disclosed but its understood the deal, bare of stock, was for a combined price around $80 million.
Hancock is understood to have negotiated for the third Packhorse…
