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

To: GULL who wrote (984)	4/24/1998 7:07:00 AM
From: Factfinder	Read Replies (1) \| Respond to of 7235

Brief synopsis of Newsworld Interview with Lee Barker Confirmed that deBeers had explored the property previously in conjunction with Randgold but walked due to not finding sufficient targets. SUF has spent $18M to date on the property Expects a solution within a month Solution could be through Section 17 Intervention with a possible adjustment to compensation which is at the discretion of the Dept. of Mines. He did not rule out a negotiated settlement although he did say that deBeers currently holds the exploration rights issued by heirs.