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

To: Goalie who wrote (6137)	8/11/2000 3:26:11 PM
From: teevee	Respond to of 7235

Goalie, Are you selling WSP, holding or tendering...? I suspect you'll sell... (just a gut feeling...) Regards. Goalie. IMO, my choices were to either sell, tender or hold. I have made my decision and every shareholder will have to do the same. Good luck. Interestingly, DeBeers is not obligated to buy any WSP if less than 50.1% is tendered, BUT, that does not mean they won't choose to buy less, say 25-30% if only that amount is tendered. A position of 25-30% would preclude anyone else from taking WSP over. They could then extend their offer. Also, it would prevent the shareprice from dropping down to a level where CC and others would have interest again in financing because the arbs would buy and tender for the spread. IMO, it is not looking good for the spear:-((however, we shall see. regards, teevee