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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Shaw who wrote (3835)6/29/1999 2:35:00 PM
From: gemsearcher  Read Replies (1) of 7235
 
Hi Dean.

Well , it took about 6 weeks to put out Q1 (May 14) , so I would have to guess late July at the earliest for Q2.

SUF reported 37 cents on 200K carats (for the JV) for Q1. June 15 NR said 428K carats for the JV for Jan. 1 to June 10. So I am guessing close to 300K carats for the JV for Q2 , or roughly 50 CFPS to SUF , give or take say 3 cents either way ; i.e. the avg. price per carat is the real variable here , but at say $110 , it's about 50 cents.

Regards.
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