SOUTHERNERA (t.SUF) Message Board

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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: GULL who wrote (1081)	5/10/1998 3:06:00 AM
From: INFOMAN	Read Replies (3) of 7235

The hysterical, repetitive, regurgitating chatter of this child ' GOALIE' was amusing but he has now become a bore. In actual fact he is SUF's worst enemy. He could not have assisted in damaging SUF's credibility more, even if he was paid by the very heirs themselves. Ignore him. Randgold, SUF's partner in the Klipspringer project is heavily in the red. Their own annual financial statement shows that they are in trouble, serious negative cash flows, not meeting production target costs etc. SUF, if they can, should try and get out of that deal with Randgold, especially if they have not contributed anything in so far as cash is concerned. Could this be the reason why SUF are negotiating with De Beers? By the way, do you know if SUF conducted any environmental impact studies while they were prospecting arround the M1 site? I would hope that they had at least left the area in a reasonable state after they had completed their prospecting. I will be shortly investigating this matter further. Plus others. I will keep you posted.

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