Templar moves to build Gupta-owned Optimum mine | Citypress

  • 📰 News24
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 80%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

After winning majority support for the proposal to save embattled Gupta-owned Optimum Coal Mine, Daniel McGowan is preparing to fend off a winding-up application that could see the business terminated prematurely. | City_Press

This week, McGowan’s Templar Capital will begin putting the building blocks in place for a new Optimum, including a feasibility study, but there is still a legal risk

that the business could be placed under liquidation during a court hearing that is scheduled to take place in the last week of next month.exclusive journalism and features

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines