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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Shaw who wrote (4887)11/5/1999 11:17:00 AM
From: Andrew   of 7235
 
Hi Dean,

I do not believe that they are going to the markets for financing. This is the reason for the lack of brokerage support. As far as I know they are negotiating with SA banks. No dilution. I've been wrong before however but this is what I have been told.

No buyback means saving precious cash for development. Why give the sellers an easy out.

Regards,

Andy
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