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Gold/Mining/Energy : International Panorama

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To: Dan P who wrote (6)11/8/1996 12:54:00 AM
From: I_C_Deadpeople   of 264
 
I recieved a follow up fax to the press release from Alan Crawford, Director of Corporate planning. It basically states that based on the info in the press release the fully diluted share price value is $12.67 Cdn. This assumes a $15 per pound 1st year price of cobalt followed by $12 per pound thereafter - current price is over $20.
Unfortunatly, I do not have a scanner and it takes me too long to type so I urge someone else to get a fax or e-mail copy and post it. I should also note that on top of the share valuation, he has calculated the earnings from production to be $3.00/share annually.
This looks very interesting except for the fact that all my cash is tied up in other stocks so I may miss the ride!!

Live long and prosper.
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