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Gold/Mining/Energy : DIADEM RESOURCES - DIR,M

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To: DRT who wrote (806)1/5/1998 7:17:00 PM
From: Dave Tan  Read Replies (1) of 897
 
Thanks for the update WSCO guys. Now I see where the problem is. The indonesian govt and financing, 2 uncertainties. The indos are maybe a little easier to deal with after the Bre-x fiasco, I don't think they are going to disapprove, however they might want a bigger chunk of the pie though. The biggest problem will be getting the $14 million for the dredge plus $$$ for the processing equipment. An equity issue will be totally o ut of the question. Outside investors? It's going to be hard with the given conditions. I hope Mr Howe can pull a rabbit out of his hat,
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