The sad thing is how they got themselves into this mess. They were basically conned by a crooked property developer in SA, lost a whole lot of money, and then scrambled around trying to save the mess.
The details of this was known here on HC back in 2016 and discussed in some depth at the time. While it made me very uneasy, it was the reasons that our South African Wonder Boys™ managed to get their hands on the ruby leases - it was the fallout from DWM that meant CVW and CJ were wandering around northern Mozambique when they were available.
I assumed that they were just "colourful" and not totally incompetent. Colourful you can build into your risk models, but incompetence will bring you down every time.
NXE Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held
