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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: james flannigan who wrote (2636)3/13/2005 12:58:16 PM
From: WillP  Read Replies (1) | Respond to of 16206
 
Unfortunately, Mountain Province and Camphor still have to pay back De Beers for their shares of the mine costs and the exploration costs beyond Kennady Lake after March, 2000.

The last time I looked, LIBOR was just under 3%. That makes the loan about 7% at the moment. Compounded annually.

Regards,

WillP