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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: buylowsellhigh who wrote (4845)11/2/1999 8:42:00 AM
From: gemsearcher  Read Replies (2) | Respond to of 7235
 
Given my SUF position , I might well qualify as an "institutionalized individual" investor. Does this mean I have been selling to myself? Think RevCan will notice (I can assure you and them the loss is anything but artificial)? The conference call tomorrow should be anything but dull. This hamster's questions :

1. When may we expect the results from the Camafuca bulk sample and how much more $ will it cost to get to that point ? What is SUF doing at Calonda Sul and how much $ has been earmarked for that exploration ?

2. When may we expect the Leopard fissure grade/valuation ? What is the "plan " to "double [the 20K tpm] treatment rate when plant capacity becomes available"; i.e. how does this affect cash flow projections?

3. What , if any , are the remaining conditions to closing Messina/completion of the bankable ? What is the current thinking re funding/financing 1) acquisition cost 2) development costs?

4. I read on the CNB thread that SUF/CNB were redrilling one of the previously discovered pipes in Brazil , with results anticipated in the 3rd quarter. What is the status?

5. Will SUF be able to establish a longer mine life for Marsfontein before year-end/ release of '99 financials , thereby permitting a longer amortization of the Randgold payment?

6. Given the recently - completed and extensive Marsfontein exploration , when will SUF be in a position to set a new resource estimate for Klip/Marsfontein? IOW , given that M1 will be mined out next summer , and that Messina will not come into production for some time (much less offer revenue to SUF - will the financing dictate that all NOI be applied firstly to the debt until it is paid back?), how much cash flow will SUF be able to generate from the fissures?

Regards .



To: buylowsellhigh who wrote (4845)11/2/1999 12:08:00 PM
From: gemsearcher  Read Replies (1) | Respond to of 7235
 
Hi BLSH.

Is that you @ $1.98 ? Passing on lunch today ?

Regards