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Gold/Mining/Energy : Crystallex (KRY)

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To: Andy who wrote (6907)3/17/1998 11:11:00 AM
From: Gutman  Read Replies (1) of 10836
 
Andy, I think it unlikely that KRY will end up with 100% of LC. I
don't think even KRY management believe that. Assuming they win in court,
the government will in some form take at least the 30% that CVG
would have had, IMO.
BTW, have you worked out the economics of the project, even at a
capital cost of $200 million and a production rate of, say, 200,000
ounces per year? Has anyone?
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