BCL �fatally insolvent,� liquidator reports

Nigel Dixon-Warren says when he delivers his report to the High Court on February 7, he will be recommending that BCL Ltd, which includes BCL Mine, BCL Investments and Tati Nickel, be placed under final liquidation. Final liquidation rules out a reopening of the mines by government and points to a sale of assets.

It is still possible that an investor could come on board and purchase the whole BCL group or individual assets such as Tati or the smelter.