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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?

To: J. M. Burr who wrote (7613)1/12/1998 11:09:00 PM
From: Tomas  Respond to of 9164
 
Tumbleweed: Very well-informed as always. I agree with your conclusions. Sands made contact with Garang last spring, I've heard Lundin confirming this twice (at the 1997 shareholders meeting as well as off the record). And they were apparently pleased with the outcome.



To: J. M. Burr who wrote (7613)1/13/1998 6:02:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) | Respond to of 9164
 
Tumbleweed, <I believe we are watching a classic end-game. AKSEF cannot find financing to continue the operation in Sudan without selling off more of its concession>. Eariler you have stated that you bought a ton of AKSEF at 2.5, is there something in the recent fundamentals that has changed you mind? Ed









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