Ann: Substantial Holder Notice - Safika Resources (Pty) Ltd, page-10

Essentially this is original developer of Tshipi buying back a bigger stake in the Tshipi mine.
Safika Holdings P/L is controlled by Mr Sakumzi Justice Macozoma.

Mr Saki Macozoma was a South African former political prisoner and is now one of South Africa's most prominent businessman.
https://safika.co.za/corporate-profile/sakumzi-macozoma/

"In 2003 nine black groups formed Ntsimbintle Mining (PTY) Ltd., a BBBEE company created specifically to pursue manganese opportunities. Safika Holdings (Pty) Ltd. and Nkonjane Economic Prospecting and Investments (Pty) Ltd. jointly led and financed the process and worked to bring charitable and social responsibility groups into the company as shareholders."
https://safika.co.za/media/ntsimbintles-long-road-to-empowerment/

Originally JMS has nothing to do with the development of Tshipi mine it was OM Holdings and Pallinghurst with Brian Gilbertson and Ntsimbintle.

Saki Macozoma: acquisition of 20% of Ntsimbintle

28 September, 2011

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OM Holdings (OMH), a company listed on the Australia Stock Exchange, has announced it is to acquire a 20% interest in Ntsimbintle Mining, a company owned by broad-based BEE groups, for approximately R320-million.
Ntsimbintle is in partnership with the Pallinghurst Co-Investors (Pallinghurst) in Tshipi é Ntle, (Tshipi) a company about to become a new South African manganese miner. OMH has announced that it will also acquire the 49.9% that Pallinghurst holds in Tshipi in exchange for 139, 9 million OMH shares. Pallinghurst’s chief executive Brian Gilbertson will become non-executive deputy chairman of OMH.
The transaction represents a significant foreign investment in the South African mining sector and we particularly welcome it because we believe OMH is an ideal partner for Ntsimbintle in the Tshipi venture.
Of extreme importance is the fact that it introduces into the South African manganese mining industry an experienced new player with significant abilities in the total value chain from mine-to-market. I reiterate the chairman of Pallinghurst (Brian Gilbertson) comment that it, “establishes a robust supplier of manganese ores and alloys to the global steel industry that is able to source, blend and deliver internationally for optimum customer satisfaction”.
For Ntsimbintle the transaction provides us with an important progress in the development of the asset since we acquired the prospecting permit in 2004. The opportunity allows Ntsimbintle the opportunity of raising significant capital that can be utilised to develop the Tshipi manganese mine that is to be constructed near Hotazel in the Northern Cape. This will allow us to start construction on the mine sooner and that means creating jobs more quickly.
The biggest challenge for new entrants in the manganese business, especially for BEE Companies, is how to deliver ore to the steel producers at an optimum price. The tie-up with OMH means that we have an investor with a proven marketing capability into the most important manganese market in the world and this is transformational for the company establishing us as potentially a significant factor in the global market.