Avenor (avr-tse) - Repap buyout (rpp-tse) Message Board

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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)

AVR 4.533

+5.2%

Oct 31 3:59 PM EST

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To: wayne who wrote (287)	11/11/1997 5:02:00 AM
From: FundAce	Read Replies (1) of 290

Wayne, I'll try to answer here, but please note I haven't done all my homework on your questions. Valuation: I've read elsewhere, that Repap is actually worth 2.93 C$ per share after to removal debt. Looking at total asset base, I'm sure the world class machines together with their pulp mill have something to do with this. Second: Do they still have an interest in BC? I thought this was recently sold? I'll try to get an answer directly from Repap on this - why not? Third: Do they have plans to start of pulp mill? Again, I'll check with Repap? Sorry I couldn't be much help. Fundace.

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