SI6 33.3% 0.1¢ si6 metals limited

Re: BCL.

  1. 587 Posts.
    lightbulb Created with Sketch. 17
    Just wondered if anyone out there has insight into the (apparently dated)  15/7/16 edition of "The Business Weekly and Review", article and front page apparently headed "Finished and Klaar" with a pic of sombre looking Dan Mahupela? On facebook too.
    I cannot open it  beyond the header.

    Basically it purports to announce the demise of BCL, loss of 4000 jobs and collapse of Selebi Phikwe. I assume since no other papers I have seen are running the story it may be overdone....one would hope so, but has anyone got a clearer picture of situation?

    Perhaps they are concentrating on the new projects at the expense of the old, but since the smelter is at Selebi that makes little sense.

    Since I post the good stuff I feel compelled to at least raise this one since it has come to my notice. Cannot see the Bots govt turning it's back on BCL, especially given the improved Ni/Cu prices, but perhaps they are wanting to shake up management? Any real info would be appreciated.

    Regards.
 
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