Manhattan Minerals (MAN.T) Message Board

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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Mark Bartlett who started this subject	4/28/2002 3:15:36 PM
From: Albert V	Read Replies (1) of 4504

Spoke to Company this week this was what they CEo had to say. - Feasibility study to be submited end of June, with govt response in 90 days; - the large farmers who are against the project due to wage inflation fears, are now onside - at current gold and copper prices, the IRR is over 20%. - bankers luv to finance this due to the gold- which they can use in there gold trading schemes. - they want to unlokc the value of Tambo Grande before they go on to do more drilling it seems, when they can finance at higher prices; - they are happy to have brougth Charlies Smith on as President, as he has relationships built up over the years frm running anotehr large project in Peru. - no acts of violence since they began the good neighbor policy (?) - need 50% + 1 vote from people being resettled. - have been working steadily to get all the mayors etc onside. AlbertV AlbertV

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