Further to previous post..... please take note of comments in the previous post in relation to this article.
It is again the reporter's opinion, not necessarily mine. KPMG's N D-Warren has been pretty forthright in stating the liquidation procedure runs to his timetable. I'm not sure there is an overabundance of communication between he and BML about BCL so far. My reading of PV's reports indicate this, at least to me.
mce-anchor ALLEGED TAKEOVER OF BCL MINE BY A DUBAI ROYALS RAISES SUSPICIONS
TUESDAY, 14 MARCH, 2017 - 09:30
Some insiders have expressed doubts about the alleged takeover of BCL Mine by a Dubai-based company, saying the public is being sold a dummy.
Almost three weeks after the alleged agreement between the government and the Dubai Royal family, no details of the agreement have been made public.
BCL Provisional Liquidator, Nigel Dickson Warren, confirmed at the beginning of the month that the prospective buyers have contacted him and said negotiations were at a sensitive stage.
Business owners have expressed concern that there is still no certainty on the future of the closed Mine.
Last week they asked Trade and Investment Minister, Vincent Seretse, to shed light on the alleged sale but the Minister also pleaded ignorance. News Botswana
Regards to all.
BML Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
