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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: buylowsellhigh who wrote (5037)11/21/1999 7:34:00 AM
From: gemsearcher  Read Replies (1) of 7235
 
Hi BLSH.

Based on a quick , rough , back-of- the -envelope DCF NAV calculation , I would ballpark palladium as approximately 15-20 % of total holdings. That assumes that the bankable comes in close to the pre-feas , production at Messina is ramped up to 80K tpm , a palladium price of say $300 and - oh yeah - the deal closes <ggg>.

Regards
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