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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (2077)	2/27/2001 9:15:50 AM
From: Tomas	Read Replies (2) \| Respond to of 2742

Australia gives strong backing to PNG pipeline World News from Radio Australia, February 26 Australia's Foreign Minister Alexander Downer says Australia will do its best to ensure that a proposed gas pipeline between Papua New Guinea and the state of Queensland goes ahead. The pipeline will be a key issue under discussion at the 13th Papua New Guinea/Australia Ministerial Forum in Canberra today. The P-N-G government has asked Australia for a loan of 382 million dollars to finance its shareholding in the 8.6 billion dollar project. Mr Downer says Australia is considering the request. abc.net.au

To: Tomas who wrote (2077)	2/27/2001 8:08:38 PM
From: virginijus poshkus	Respond to of 2742

Tomas, the future is now. We have a slowing economy and $22 for a barrel could be in our future. but this will not have a major impact on our future cash flow because of the hedging at $28. looks good to me from all angles. I will anxiously await for the oil to flow. There are not many $2 stocks with the potential that loily has. soon, we will get noticed. 30m bpd in the future will be a wake up call for many. don't you agree? vargas