According to Wickins, for Optimum to operate, hundreds of thousands of rand were needed, and the buyer would have to re-establish the mine.
The preservation order the NDPP seeks from the court could only be granted if a forfeiture application was forthcoming, Wickins said. “The court knows there isn’t one. The court knows what they want to do is put a curator in who will oversee the business rescue practitioners. It’s not possible. “Poca does not allow for a preservation to be granted in a vacuum. It has to go towards a forfeiture order.”“The court should not grant the application, not because there won't be a forfeiture application, but in its own terms,” said Wickins.
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