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Gold/Mining/Energy : International Panorama
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To: calafert who wrote (131)6/4/1997 9:15:00 PM
From: John Antoniou   of 264
 
What I look for now is a firming of ILP's value through a 2-3 week media campaign by the company. CNBC has the interview on its internet site and ILP has not received word as to when it will be broadcast yet.

As for the social project that the government is referring to, ILP is already doing its share by giving Gecamines 49% of the profits (after start-up costs have been covered). When you compare this to Indonesia's 30% take on Bre-x, it is more than reasonable.

Hang in there everyone,

John
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