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To: MikeyB who wrote (1379)9/23/1998 12:58:00 PM
From: Bill Jackson  Respond to of 1706
 
Mikey, A lot depends on POG, if it stays near $300 and kemiss has high values it will be OK. the rebound in copper expected at years end will help.
Kemiss should stockpile their copper, if they can afford to.

Bill



To: MikeyB who wrote (1379)9/23/1998 1:43:00 PM
From: Michael Bidder  Read Replies (1) | Respond to of 1706
 
MikeyB

he's worked the numbers and honestly believes that this company is going under

If you have $500 million debt and your payments are 10 million per quarter then the company needs $40 million per year to keep afloat.

I don't believe Kemess can so that.

Michael Bidder