The extension of provisional liquidation for Tati Nickel Mine and BCL Investments by the High court on Thursday has fueled to speculation that some investors, among them South African billionaire Patrice Motsepe are eyeing some of the assets. The extension continues until December 15. Through his company, African Rainbow Minerals (ARM) the mining magnate is said to be eyeing the BCL smelter in Selibe Phikwe and TNMC Mines, hence the extension to allow investors to conduct due diligence on the assets before making a final decision. On the other hand the piecemeal sale of assets of Selibe-Phikwe based BCL mine was confirmed in a final liquidation order by the High Court on Thursday, after negotiations for a wholesale transaction with Emirates Investment House Company (EIH) collapsed. The liquidation order gives creditors the green light to auction BCL mine assets separately, which include the smelter and the mine shafts, to the highest bidder. Unless a miracle happens, assets of BCL mine will be stripped and sold in pieces to the highest bidder in a few months, following two creditors meetings. Through POLARIS II strategy BCL had just started rolling out plans to diversify and expand to become a regional mining force,…