Macleod............................. have you recieved a reply fro PL WHETHER THERE IS A NEW ANGLO-ARM legal challenge?
As far as Who is Bengwenyama Minerals, Who is Tribal Council and who is Royal council the answer is:
Bengwenyama minerals was set up by the Maphanga and Mhlungu (the latter is not a community member) - Maphanga is neither a member of tribal council or Royal council and him and his lawyers had a disproportionate share holding to what the rest of the community was getting -almost 25% holdings to himself. Royal council disapproved of this and requested equitable community ownership - hence the disagreement
Royal council - consists of brothers and uncles of the chief - basically people who could not become chief because they were not the eldest; Royal council technically advises chief - but in this situation Mphanga was very close to chief - Royal council alleges that he manipulated chief who was illiterate. Chief says that the Royal council has only advisory powers and he is the decider
Tribal council is council of Headmen - elders in each region
NKP Price at posting:
43.5¢ Sentiment: LT Buy Disclosure: Held