SOUTHERNERA (t.SUF) Message Board

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

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To: INFOMAN who wrote (1528)	6/11/1998 6:27:00 AM
From: Confluence	of 7235

I SUF loses M1, then Camafuca is NOT in jeopardy as long as the payment condition is met. The development of the Klipspringer project (without M1) can certainly move forward, as was stated in the conference call. Once again, if SUF loses M1 then IT DOES NOT FOLLOW that SUF loses Camafuca. These are distinct events, not sequential ones. Klipspringer will be almost fully developed before it is necessary to make the final payment for Camafuca. The development of Camafuca will take several years, as a very large deposit requires a very large facility to handle very large tonnage and produce a very large number of diamonds. Do you think De Beers might be interested in Camafuca? Please be objective and cease the untrue statements. Confluence

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