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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: Tommaso who wrote (7372)12/4/1997 9:36:00 AM
From: Robert Meany  Read Replies (2) of 9164
 
Interesting post from AOL thread:

Subject: arakis update
Date: Thu, Dec 4, 1997 07:04 EST
From: LSmith9189
Message-id: <19971204120401.HAA13208@ladder01.news.aol.com>

based on my conversations with the company on an almost daily basis i can say that the pipeline construction contract was decided on tuesday and the company is in the process of obtaining signatures from people around the world. yes, it may take a little longer than we like, but nothing fundamentally has changed., they said to expect a pr on the financing by the 23rd of dec or thereabouts. i was not given any details, but based on the tone of the
conversation i can only assume it was ok. they have never said anything to me before that was not 100% correct.the sanctions are proving to be a minor irritant. a few sudanese on green cards had to be sent back, a few americans had to be reassigned.

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