Padbury Mining has again failed to reveal the identity of its $6 billion funding partner for the Oakajee port and rail project, but Sydney business man Roland Bleyer has claimed responsibility for the deal.
Following days of speculation as to who the mystery backer was, Bleyer reportedly revealed limited details to the Sydney Morning Herald.
The paper reports Bleyer said a number of private companies including Superkite and Alliance Super Holdings were working on a deal to fund the project.
Bleyer said he was a ''chairman of the finance committee'' for the companies.
The revelation comes as Padbury Mining, which first announced it had backing for the project on April 11, again failed to reveal details of the funding partners’ identity as ordered by the ASX.
Padbury first said it would update the market last Tuesday, but then extended the trading halt to Thursday stating it was seeking information from the backers of the deal “in respect of their capacity to meet their funding obligations.”
It also said it was seeking consent to disclose the agreement in its entirety with the announcement.
However the company had sought an extension again, this time promising to make an announcement tomorrow.
The delay has fuelled industry chatter that the deal won’t go ahead amid concerns over its viability.
Managing director Gary Stokes said the announcement was legitimate.
Stokes said the project would open up the Midwest region to the 21 companies operating in it.
The original announcement said funding for the project will come in three tranches with the first delivering $US470 million ($501.2 million) to complete design and construction plans.
Bleyer said further details would be made available shortly after lawyers for Superkite and Alliance Super Holdings had given the go ahead for Padbury to release a copy of the ''counter-signed shareholders agreement''.
Bleyer has been involved in a number of failed business ventures of late.
Last month the NSW Supreme Court ordered Superkite and Alliance Super Holdings repay money to aged care company Craigcare after a $500 million funding deal failed.
While last year, a $260 million deal with junior mining company Fairstar Resources also fell through.
An online blog claims Bleyer started his career in New Zealand as a hair and skin treatment specialist while also developing interests in fashion and manufacturing.