'Bidding process flawed'

01 July 2009 - 02:00
By unknown

SIMMER & Jack was unlikely to put in another bid for Pamodzi Gold's Orkney operations, the junior miner said yesterday.

SIMMER & Jack was unlikely to put in another bid for Pamodzi Gold's Orkney operations, the junior miner said yesterday.

"The bidding process up to now has been flawed in terms of time frames," managing director Deon van der Mescht said. "When we first embarked on the process we made it clear that we had to keep the time to an absolute minimum," he said. - Sapa