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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: charred who wrote (3052)7/12/1999 11:56:00 AM
From: Krikor  Respond to of 4504
 
Charred,

<< The government gets a free carried interest all the way to production. Plus a NSR. Great deal for the government, won't cost them anything.>>

I don't think the Govt should be considered out of it. For the peace agreement to be signed between Ecuador & peru in Dec/98, the world bank has agreed to advance 1.5BUS for the development of the border region( not sure about exact amount saying from memory). I think some of it could be used for moving the town if necessary, however it's to early to speculate on any of those. The most important factor for now is to define the resources.

Regards,
KG