Let us get back to the Sishen Iron Ore company, because this is starting to hot up. A refresher, the Sishen Iron Ore company is managed by Kumba Iron Ore. In fact the domain http://www.sishenironorecompany.co.za/ resolves to the Kumba Iron Ore website, so that tells you a lot. But remember that the mining rights were not renewed by Arcelor Mittal, they forgot. Or were hoping that Kumba would look out for them, or remind them. It does not happen that way. Kumba pounced post the Arcelor Mittal rights having not been renewed, but the DME had different idea's, as the Business Day points out: Kumba (now) sues state over BEE rights.
Messy. This is a litmus test and will reveal what went on in the back rooms is my sense. What happened fifty years ago between business and government can't happen now, corporate governance levels are much higher than they were even a decade ago. Shareholders want to be involved with companies that keep their noses clean.