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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Abner Hosmer who wrote (627)3/10/1998 11:36:00 PM
From: Ron Everest  Read Replies (2) of 835
 
Thanks Tom,

For 1998

I speculate that the Minoro deal will close (probability 75%)
The sale of the 40% carried interest will not vend for US$75million
The carried interest may sell for US$50 million (probability 50%)
The budget will have work at Mahakam 50%, SF 10%, Mongolia 30% and Nevada 10%. Just wild guesses.

Tomorrow I plan to phone the IR to discuss the 3mm share sale, I want to find out if the offering is through a broker or privately to Fund(s). Does anyone on this thread know any further details?

Best regards,
Ron E
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