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    TEMPLAR MOVES TO BUILD OPTIMUM

    Oct 04, 2020 3 minutes
    SETUMO STONE setumo.stone@citypress.co.za
    PHOTO: GETTY IMAGES

    After winning majority support for the proposal to save embattled Gupta-owned Optimum Coal Mine, Daniel McGowan – director of the main company leading the business rescue proposal – is preparing to fend off a winding-up application that could see the business terminated prematurely.

    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

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