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Factual inaccuracies in media report, say business rescuers

Optimum Mine and Optimum Coal Holdings’ joint business rescue practitioners (BRP) Piers Marsden and Peter van den Steen said on Tuesday that there had been “a number of factual inaccuracies” in a recent media report on the ongoing Endulwini offer. The BRPs said that the report incorrectly stated that a firm and “binding” offer to purchase Optimum mine for R3.17-billion, or $200-million, had been made by Endulwini Mining on August 5.