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The Apprentice: Lord Sugar crowns TWO winners

By Andrew Bullock For Mailonline

Published: 17:08 EST, 17 December 2017 | Updated: 17:08 EST, 17 De..

By Andrew Bullock For Mailonline

Published: 17:08 EST, 17 December 2017 | Updated: 17:08 EST, 17 December 2017

CONTAINS SPOILERS ABOUT THE APPRENTICE 2017 SEASON FINALE

Lord Sugar has crowned two winners of The Apprentice, for the first time in the BBC reality series' 13-season history.

In the shock twist, the business mogul found it impossible to choose between candidates James White, 26, and Sarah Lynn, 35 and so hired them both – doubling his £250,000 investment and giving each of them the money to inject into their prospective businesses.

'Lord Sugar couldn’t make a decision,' James revealed, speaking to MailOnline. 'It was definitely different for this to be the result, but he felt it was unfair to give it to one and not the other.'

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'He couldn't make a decision!' Lord Sugar has hired BOTH Sarah Lynn and James White... after struggling to choose between finalists for the first time ever

'He couldn't make a decision!' Lord Sugar has hired BOTH Sarah Lynn and James White… after struggling to choose between finalists for the first time ever

Hired... and hired! In the shock twist, the business mogul ended up doubling his £250,000 investment and giving each of the finalists the money to inject into their prospective businessesHired... and hired! In the shock twist, the business mogul ended up doubling his £250,000 investment and giving each of the finalists the money to inject into their prospective businessesHired... and hired! In the shock twist, the business mogul ended up doubling his £250,000 investment and giving each of the finalists the money to inject into their prospective businessesHired... and hired! In the shock twist, the business mogul ended up doubling his £250,000 investment and giving each of the finalists the money to inject into their prospective businesses

Hired… and hired! In the shock twist, the business mogul ended up doubling his £250,000 investment and giving each of the finalists the money to inject into their prospective businesses

'I feel amazing about it; I'm so glad we could both win!'

Sarah added: 'It's a win/win for us. I never expected this as an outcome but it was such a joy when Lord Sugar said he was going to make this double investment.'

Whether he planned to do this all along is anyone's guess, but the new champions have their own opinions on the matter.

'I think it was spontaneous,' Sarah said. 'Both services that our companies offer are different, and he's spoken highly of us both through the process. But no-one expected it.'

James added: 'I’ve got my own agenda and if he wants to invest in both of us then that's fantastic.'

James will be using his investment to build on his Birmingham-based IT recruitment company, while Sarah will develop of confectionery company.

In the final, the pair recruited fired candidates to help them launch their businesses, battling against each other for what they thought was one single place as Lord Sugar's partner.

'We're close, but we were very much aware that we were each other's competition. We each wanted to do that little bit better than the other one,' Sarah explained.

'We knew we were going to give each other a tough time – it's not personal,' added James. 'I of course went into the final boardroom saying why my business was better than hers. But we just pointed out each other's flaws. We still had respect for each other.'

Sarah explained that Lord Sugar found it unfair to rule one of the two out of the opportunity.

'All I feel is happiness,' she said. 'I'm so excited to be part of this Apprentice first.'

It may be a first, but will it be a last?

James put the result down to the fact that the latest season was the 13th year of the show and that 'it's been one of the strongest years' – suggesting that it's a one off.

'I hope the public enjoy the result,' he said. 'There's bound to be haters who don't like this twist, but from my point of view, I'm over the moon.'

In the final at London’s City Hall, both Sarah and James had to pitch their business plans to Lord Sugar and his panel of industry experts, aiming to prove they have the potential to turn their businesses into big profit brands.

In the final boardroom, Lord Sugar appeared undecided as he grilled both candidates before asking for final guidance from his advisors Karren Brady and Claude Littner, saying: 'It is quite obvious that there are two fantastically skilled people there. Sarah is very eloquent, she knows her business inside out, although why she hasn’t done the commercial website properly, I don’t get.

'With James, a very, very crowded market, but he has proved that he can do it when he worked for someone.'

Claude said: 'I think you have got a problem because, as it’s turned out, I think they’re both investable. With Sarah, I think you’ve got slow and steady, but with James I think you’ve got someone who’s going to go out and really go for it.'

Karren added: 'But James is more risky. Sarah is an expert in her field; she spotted a gap in the market. She has all the skills an entrepreneur needs, but I mean, I don’t envy you.'

After hearing impassioned closing arguments from each candidate, Lord Sugar made his final decision: 'This particular year, I’m going to double my investment… I’m going to start a business with both of you!'

Lord Sugar told the BBC: 'This is a historic moment I suppose, in the thirteen years we’ve been doing this. And it’s really because of what I said in the episode. I couldn’t make a decision, it had to be both of them! They were two genuinely great experts in their field and I’m looking forward to going into business with them.

'I was torn; I just couldn’t choose between one of the other. The only fair thing to do was to choose them both. Thing is, it’s now going to cost me half a million pounds.'

Both Sarah, James and Lord Sugar will be taking a break for Christmas before they discuss their new ventures further in 2018.

Original Article

The post The Apprentice: Lord Sugar crowns TWO winners appeared first on News Wire Now.

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Australia

Argonaut Resources directors show faith in company by participating in oversubscribed SPP

Argonaut Resources NL (ASX:ARE) directors have demonstrated their faith in the company’s copper-zinc strategy by participating in the recently closed share purchase plan (SPP).

Independent non-executive chairman Patrick Elliot purchased more than 4.465 million shares at 0.55 cents per share in an indirect interest.

He now holds 5,876,159 shares in that interest with another 20,324,574 held in a separate indirect interest.

Independent non-executive chairman Malcolm Richmond acquired more than 5.454 million shares in a direct interest, increasing the number held in this interest to almost 15 million with another 1 million held in an indirect interest.

Overwhelming response to SPP[hhmc]
The company was overwhelmed by the response to its SPP which closed early and more than twice oversubscribed with the target subsequently increased to $2.5 million from $1.2 million.

Subscriptions in excess of $3 million were received and as a result, the SPP was closed with immediate effect.

Money ..

Argonaut Resources NL (ASX:ARE) directors have demonstrated their faith in the company’s copper-zinc strategy by participating in the recently closed share purchase plan (SPP).

Independent non-executive chairman Patrick Elliot purchased more than 4.465 million shares at 0.55 cents per share in an indirect interest.

He now holds 5,876,159 shares in that interest with another 20,324,574 held in a separate indirect interest.

Independent non-executive chairman Malcolm Richmond acquired more than 5.454 million shares in a direct interest, increasing the number held in this interest to almost 15 million with another 1 million held in an indirect interest.

Overwhelming response to SPP


The company was overwhelmed by the response to its SPP which closed early and more than twice oversubscribed with the target subsequently increased to $2.5 million from $1.2 million.

Subscriptions in excess of $3 million were received and as a result, the SPP was closed with immediate effect.

Money raised under this SPP and from the recently completed $2.7 million share placeRead More – Source

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Australia

Strickland Metals shares jump 39% ahead of drilling base metal target near DeGrussa

Strickland Metals Ltd (ASX:STK) shares surged 39% today ahead of its maiden drilling program at the Doolgunna Project, which will include a diamond drilling program that is likely to begin by the end of this month.

As a part of the program, a minimum of four diamond holes will be drilled to a depth of 500 metres to test a VMS target similar to the nearby DeGrussa deposit of Sandfire Resources (ASX:SFR).

Heritage survey[hhmc]
Exploration activity has recommenced on the Doolgunna Project following completion of heritage surveys to allow land access to areas where the company wishes to complete exploration drilling.

The target for drilling is a compelling base metal prospect that exhibits geological characteristics that are interpreted to be similar to Sandfire Resources’ DeGrussa deposit about 30 kilometres to the east of the project.

The prospect has a 3-kilometre-long electromagnetic conductor that lies below an outcropping copper-zinc gossan that has been mapped over a 1.2-kilomet..

Strickland Metals Ltd (ASX:STK) shares surged 39% today ahead of its maiden drilling program at the Doolgunna Project, which will include a diamond drilling program that is likely to begin by the end of this month.

As a part of the program, a minimum of four diamond holes will be drilled to a depth of 500 metres to test a VMS target similar to the nearby DeGrussa deposit of Sandfire Resources (ASX:SFR).

Heritage survey


Exploration activity has recommenced on the Doolgunna Project following completion of heritage surveys to allow land access to areas where the company wishes to complete exploration drilling.

The target for drilling is a compelling base metal prospect that exhibits geological characteristics that are interpreted to be similar to Sandfire Resources’ DeGrussa deposit about 30 kilometres to the east of the project.

The prospect has a 3-kilometre-long electromagnetic conductor that lies below an outcropping copper-zinc gossan that has been mapped over a 1.2-kilometre strike.

Diamond core drilling


The company plans to start the diamond core drilling by the end of this month.

A multi-purpose drill rig has been contracted to enable the minimum planned program wRead More – Source

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Australia

Pan Asia Metals has positive discussions on plans for Thai lithium project

Pan Asia Metals Ltd (ASX:PAM) has had positive discussions with authorities in Phang Nga Province, Thailand, including the provincial government, for its Reung Kiet Lithium Project.

PAM has submitted a presentation covering all aspects of the project including methods of ongoing exploration, conceptual mining and concentrate production, and the potential for downstream value-adding industries in Phang Nga and Thailand.

The presentation and subsequent discussions were aimed at assisting Phang Nga Provincial Government in their considerations for the proposed mining and industrial development areas.

Provincial Government discussions[hhmc]
Pan Asia was recently invited by the chief executive officer of the Phang Nga Provincial Administrative Organisation (PAO), a Phang Nga Provincial Government coordinating body, to represent PAM and the Reung Kiet Lithium Project.

The meeting was also attended by the head of Phang Nga Provincial Industry along with the representatives of the Phang Ng..

Pan Asia Metals Ltd (ASX:PAM) has had positive discussions with authorities in Phang Nga Province, Thailand, including the provincial government, for its Reung Kiet Lithium Project.

PAM has submitted a presentation covering all aspects of the project including methods of ongoing exploration, conceptual mining and concentrate production, and the potential for downstream value-adding industries in Phang Nga and Thailand.

The presentation and subsequent discussions were aimed at assisting Phang Nga Provincial Government in their considerations for the proposed mining and industrial development areas.

Provincial Government discussions


Pan Asia was recently invited by the chief executive officer of the Phang Nga Provincial Administrative Organisation (PAO), a Phang Nga Provincial Government coordinating body, to represent PAM and the Reung Kiet Lithium Project.

The meeting was also attended by the head of Phang Nga Provincial Industry along with the representatives of the Phang Nga Provincial Public Works and Town Planning Office.

Phang Nga Provincial Industry head has been appointed by the Phang Nga governor as chairman of the Phang Nga New Town Planning Committee.

During the meeting, the chairman of the committee conveyed its support for the Reung Kiet Lithium Project.

PAO wants to ensure that the requirements of the Reung Kiet project are incorporated into the town planning committee’s zoning plans to ensure that the project can progress once exploration and feasibility results prove positive.

“Can bring opportunities”


PAM managing director Paul Lock said: “We have been working hard in Phang Nga province and we are very happy with the positive reception that the Reung Kiet Lithium Project is receiving from the Phang Nga Provincial Government and surrounding communities.

“Reung Kiet is strategically located and based on peer feasibility work the project is positioned to potentially be one of the lowest-cost suppliers of lithium chemicals in the global peer group.

“This is a project that can bring substantial opportunities and value to Phang Nga and Thailand.”

Pan Asia is planning its second Reung Kiet drilling program with expectations that this will begin in the coming months following the conclusion of the current Khao Soon drilling program.

Potential cost curve leader


Reung Kiet is a hard rock project with lepidolite rich pegmatites chiefly composed of quartz, albite and lepidolite with minor cassiterite and tantalite as well as other accessory minerals including some rare earth.

Lepidolite does not require roasting and has a suite of by-products which are recoverable at the concentrator and processing stages of the flow sheet.

Peer feasibility work has Read More – Source

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