A further note from GabzFM Monday 10/4 following the one previously posted for Friday 7/4 re the UAE due diligence progress.....nothing concrete yet but still expected this month.
Monday, 10 Apr 2017
GOVT EXPECTS DELIGENCE REPORT FROM UAE INVESTORS
Government expects to have received a due deligance report from the United Arab Emirates UAE investors who are said to have tabled a firm offer to buy the controvertial BCL mine before the end of this month. In an interview on the sideliness of a Kgotla meeting held in Lobatse earlier today, the Mineral Resources minister, Sadique Kebonang said the report will allow for the investor to assess all financial aspects of a potential acquisition of the troubled mine. Kebonang recently, travelled to the UAE to negotiate a deal with the said investors.
Rgds.
BCL saga, page-71
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