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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: maintenance who wrote (1917)1/21/1999 9:49:00 AM
From: Cohiba  Read Replies (1) of 2251
 
Hi Maintenance,

The 35 US$/t figures comes from the Diamet site.
diamet.com .

I'm not saying your 7% or 10% is to conservative. However, as I stated earlier the stocks normally trades at a premium to NPV and I think that we should use a 10 years mine life for a resource of 10 million or less nad 15 years or more for a resource of 20 million or more. Finally, I am not confortable with your 7% marketing costs which may be included in the Operating costs of MRDI and the 45% tax rate.

I appreciate yours efforts and we'll be waiting for your numbers on Diamet.

Thanks again,

Cohiba
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