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To: Gord Bolton who wrote (49145)	2/16/2000 10:13:00 AM
From: lorne	Respond to of 116759

Hi Gord. In this new Ashanti deal " "The company is pleased that it has put a difficult period behind it and looks forward to securing and drawing down the $100 million new debt facility need to complete the Geita project," Ashanti said. " A couple of questions come to mind. #1 Ashanti's only product is gold so wonder how they plan to repay this new debt, maybe a foward sale?. #2 Seems to me that instead of somehow trying to reduce their debt they now are deeper in debt?. And #3 Why should banks, governments, big companies etc. give a rats hiney about a gold company why not just let it die and show the world that gold is really worthless to them. Take care Lorne

To: Gord Bolton who wrote (49145)	2/16/2000 10:23:00 AM
From: lorne	Read Replies (1) \| Respond to of 116759

Hello again Gord. Forgot this question. Does this mean that this Ashanti deal is dependent upon the approval of the Gahna High Court. " The parties have agreed on a joint application to the Ghana high court to lift its earlier order restraining Ashanti from entering into any financial arrangements and to drop an order convening a court-sanctioned extraordinary general meeting, scheduled for March 3. " I wasn't directing all these questions at you :-) just looking for opinions from anyone. Lorne