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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU
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To: john who wrote (2343)1/23/1998 10:13:00 PM
From: Keith Donaghy  Read Replies (2) of 4718
 
Hi John, I was at the presentation too. It sems a couple of folks are less than pleased at the pattern of ANZ information release.5 to 6 million will not go far on either of these ventures.Did I hear right, that they may drop down to one drill in Indo to allow time for analysis etc?

On a lighter note, I hope the selection of the Westgate hotel is not an indication of the judgement of management. I think if CLL had met there you would have crucified them on their choice of venue, being beside a dubious tavern and strip club, etc.Still, maybe they are not keen on wasting money. I thought the question about Cll getting 13.5% of what? deserved a less condescending answer. Dennis said, "of 100%". Well I thought that was obvious. So CLL gets 13.5 % of "profits". A company like ANZ can go a long way without showing profits. A long time methinks.

Cheers, KD>
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