Johannesburg - The board of directors of Sentula Mining
[JSE:SNU] entered into an agreement with Ritchie Brothers Auctioneers on
November 30 to hold auctions of the assets of Sentula’s wholly-owned subsidiary
Megacube‚ which has ceased operations.
The auctions will start on March 20‚ 2013. The assets have a
book value of R300m.
As it is impossible to know the value realised by the
auctions‚ shareholders are advised to exercise caution in their dealings.
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