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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (29464)7/1/1998 6:00:00 PM
From: James M. Belin  Read Replies (1) of 132070
 
Mike,

Lonrho is traded on the U.S. exchange as an ADR. The Company has divested itself of nearly all of its non-mining assets. I just read an article that said that the new Lonrho earns 60% of its net income from platinum, 30% from coal and 10% from coal. The same article said that Lonrho sells at a steep discount to net asset value. Have you looked at the Company? What are your thoughts?

Thank you very much.

Jim
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