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Strategies & Market Trends : the times they are a-changin'

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To: tyc:> who wrote (107)	2/22/2002 4:20:00 PM
From: tyc:>	of 145

Postscript; Upon reflection, it's not a bad deal for Inmet. NRD has a call option for US$24 million. Inmet need not exercise its put. US$24million... not bad for an off-balancesheet asset. This is the vindication I have been looking for. The US$24M is the PV of the profit that a hypothetical US$75M cost of a 3.3% participating interest would have yielded,

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