ARAKIS: HIGH RISK OIL PLAY (AKSEF) Message Board

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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: Razorbak who wrote (5787)	5/27/1997 8:19:00 AM
From: oilfinder	of 9164

Your previous post on the Lundin. While they were first in oil, they made most of their money on the mining side. About 500 million dollars, I believe, with an Argentine copper property (through International Musto ?) They sold their South American oil interests held in Eurocan and rolled that money into the largest undeveloped copper property in Zaire. That co in now called Tenke mining. They probably have access to the cash if they wanted to do the Arakis takeover. Regards MD

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