Good morning,
It is not a question of the heirs getting what they wanted, but retaining what is legally theirs. I have no intention of ' educating ' anyone on this thread, I am merely putting forward my opinion relative to the facts which I have in my possession. I am also not an heir.
The answer to your question, as to the reasons why SUF withdrew their interdict is quite simple. They had no case. This futile exercise was no doubt based on the assumption that, by way of attrition and pure unrelenting pressure they would win the day. In the normal course of events, and if the heirs were few in number, uneducated and lacking resolve, then SUF might already be mining on the M1. Few individuals, if any, would take the risks associated with fighting a mining company, which would have considerable resources, both financial and otherwise at their disposal. The heirs were willing to take the risks. SUF in this instance misjudged the heirs and their case and the rest is history.
I have no idea as to what the contents of Mr Maduna's speech was in parliament today. Many politicians are discussing a wide range of different issues, after all South Africa is just a few months away from a general election.
The representative for the consul in Toronto is a career diplomat living in Canada. Would you of expected a different comment, like ' we have no need for foreign investment '. I doubt it. I do not believe that he can be held responsible for any comments made. Its rare in most cases for a politician to make sense, though there are some exceptions to this rule.
The heirs will be compensated once the mineral rights are registered into the purchasers name.
The matter relating to section 17, and others, is strictly between SUF and NGS.
The attorneys acting on behalf of the heirs were involved since the very beginning and succeeded on their own merit. The proposal reached between De Beers and NGS is confidential, like many business deals. Nothing out of the ordinary here. I would assume, by virtue of them being shareholders in a private company, that they are all party to the agreement reached with De Beers. |
