markets · · proactiveinvestors.com
Metals One: Lions Bay continues to target return to operations this year
Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF) is awaiting a South African High Court ruling on a legal challenge to the business rescue plan for Lions Bay Resources, as the mining business continues to target a return to full operations before the end of 2026. The High Court in Johannesburg heard an application to set aside the rescue plan on 12 October, with the judge reserving judgment after considering arguments from both sides.
Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF) is awaiting a South African High Court ruling on a legal challenge to the business rescue plan for Lions Bay Resources, as the mining business continues to target a return to full operations before the end of 2026. The High Court in Johannesburg heard an application to set aside the rescue plan on 12 October, with the judge reserving judgment after considering arguments from both sides.
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