>>>Hi Frank, Heard any news from your buddy yet, or are you and your "investment club" partners/friends trying to get filled on a few ABZ sell orders first? <<<
Funny guy, we actually spoke to Aber directly, no Teevee, we're not selling for a while, have not even filled in all our quota yet, here is the reply:
In reply to your question, Aber's second quarter report to shareholders
stated as follows:
“At the end of the first half, Aber had $123.6 million in working
capital, compared with $32.4 million a year earlier. Aber is well
financed for anticipated expenditures in 1999 and is exploring
debt-financing alternatives for the completion of the Diavik Diamonds
Project.”
I think this answers the "how" part of your question. As for the
"when," it will likely be before the year 2000.
Best regards, Alan Bayless
Manager, Investor Relations and Corporate Affairs
not sure if this is what we needed to know but it is from Alan directly.
regards
FastFrank |
