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Gold/Mining/Energy : Central Pacific Minerals & Southern Pacific Petroleum

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To: CLK who wrote (29)7/13/1998 12:32:00 PM
From: Thomas M.  Read Replies (1) of 90
 
All of this stuff is complicated, because share numbers might be Australian shares or American ADRs, and all dollar figures might be Australian dollars or American dollars. I think there are 103.6 million CPMNY ADRs and 289.4 million SPPTY ADRs. I don't think you can simply add up the 2 market caps to value the entire resource, because of the substantial cross holdings.

Tom
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