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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU
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To: bill718 who wrote (3596)6/24/1998 10:42:00 AM
From: Lamont  Read Replies (1) of 4718
 
Hi Wayne.

One small point I noticed on the sale of RAPPA is that the sale is in the South African Rande (SP?). With the wait until fall for the cash payment, There is the possibility that the Rande will strengthen in relation to the CDN $. This would result in a greater CDN cash equivalent payment.

On the other hand, it could weaken as well.
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