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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: Peter Bourgeois who wrote (3355)5/14/1999 10:18:00 AM
From: gemsearcher  Read Replies (1) of 7235
 
Hi Peter.

37 CFPS/ 19 EPS on 1300 tpd (plant designed to do 2000 tpd) , avg. price of 121 carat. The math is quite simple. Assume 1600 tpd - now that SUF is into the pure kimberlite - at say 140 per carat (improved market), and the year looks very promising. This is WITHOUT taking into account fissure production , M3 gravels/ M3 pipe etc. that can be run through the 50 tph.
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