Steppe Gold (SPE:V) Message Board

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Gold/Mining/Energy : Steppe Gold (SPE:V)

SPE 15.22

+0.1%

4:00 PM EST

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To: CIMA who wrote (977)	6/18/1998 3:18:00 AM
From: brian krause	Read Replies (1) of 1248

Hope that the 2 million required for Standard Bank due diligence included the need to have the next payment on K & A made. Message 4225687 The repricing of options was a forgone conclusion due to the expiry date and current share price. What I can't agree with is the issue of new options with a two year period to exercise them. The money raised from the later is not required by the company for operations at this critical time but rather it is a money grab by some of the company employees...and I doubt many of them are issued to the equipment operators and mechanics.

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