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To: Surething who wrote (607)2/7/1998 8:57:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 1030
 
Hello Surething

Whatever they would be offered for Discovery, it would be based on a supposed AU price four years from now. They don't have the pockets to put it into production so sale or JV was always in the cards.

On the other hand, Royce is pie in the sky and they would not get a fair deal without indications of diamondiferous pipes.

They can't afford to put pipes into production either, but you can sell a horse at a better price if you have got its papers!

Regards