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

To: Valuepro who wrote (4911)	11/6/1999 8:42:00 PM
From: crudestope	Read Replies (2) \| Respond to of 7235

Platinum interests. SouthernEra's platinum interests compare extremely favourably to those held by Aquarius Platinum listed on the AIM market, London, and the ASX, Australia. Aquarius Platinum holds 45% of a Johannesburg listed company, Kroondal, which is developing a 4.5 million ounces platinum deposit grading 5.5 g/t PGE. In addition it wholly owns the Marikana project of 2.7 million ounces at 4.4 g/t. This is presently the subject of a feasibility study. Aquarius is presently capitalised at GBœ28.6 million (C$68.6 million). SouthernEra platinum deposit contains 10.48 million ounces at 6.4 g/t and yet the company is capitalised at about C$52.4 million. Can anyone in his right mind really question the acquisition of such riches? A word on SUF's Angolan operations. I follow events in Angola very closely and consider that a peace accord will be in force within 6 to 9 months. Angola is probably the most prospective country in the world for big diamonds deposits. In my opinion SUF's interests there are potentially the company's biggest asset and should not be diluted by a joint venture or disposed of. Thank you Gemsearcher for wishing me a good week-end. I am sure that you, like me, will welcome a listing on AIM or Johannesburg. In Jhb the company will receive a rapteous welcome as being the only diamond and platinum explorer/developer/producer and cheap to boot! Thanks to the other contributors who have made me feel welcome. Though I doubt whether I will have the time to contribute often to this site It is 1:36 in the morning here and my bath and bed are waiting. So is my wife.