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Gold/Mining/Energy : Bomax Resources - BXS.VSE

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To: unregmarket who wrote (72)1/17/1997 3:24:00 AM
From: Johan van Slooten   of 313
 
Newsrelease should come out today. Contract with Dutch company to deliver 1200m3 granite at US$900 per m3. This will be the first income. The date of 5 Febr. is correct and Jim don't want to push the shareprice too much before this (they still need VSE approval for the deal with SSI and with a shareprice too high, this would be bad for David Krenbrink, isn't it?) Asked about the expected EPS for 1997, he told me they had discussed it again this week. David and Jim came to an EPS of C$0.75. Again. More news: they will be going to build a new factory in Surinam for the cut-and-polishing project.

The Dutchman
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