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Gold/Mining/Energy : International Panorama

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To: Colin Adams who wrote (181)2/20/1998 2:52:00 PM
From: Pete Mimmack  Read Replies (2) of 264
 
Welllllll, you may have to be patient a while longer. Just talked to IR and got lots of "good vibes" but not a lot of details. It's dragging on a lot longer than they wish, too. They say that they've gotten help from people in SA about how to deal with the Congo, which supports the claim that they are doing the politics correctly. Still a lot of lawyers involved in nailing down the contract, and the banks just asked 8 more questions about the financing. They have solid answers to the questions, but it extends the process just that much longer.

You can get on their email list for PRs. I'll post any that I get.

Pete
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