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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (10224)1/4/1999 3:13:00 PM
From: Buckey  Respond to of 11676
 
Abbey - You are correct - I was thinking of a long.

FMA.IR could have been bought at $1:00 and you could have had to pay people as much at $3 to tale them off your hands.




To: Ed Pakstas who wrote (10224)1/11/1999 10:29:00 AM
From: VAUGHN  Read Replies (1) | Respond to of 11676
 
Happy New Year Ed

Of interest on the wire this A.M.

January 11, 1999 04:43

INCOsees higher nickel matte output in 99
JAKARTA, Jan 11 (Reuters) - PT International Nickel Indonesia (INCO) said its nickel matte output was expected to exceed 100 million lbs this year after the completion of an expansion programme, a source at the company said on Monday.
"We expect output to be above 100 million pounds of nickel matte in 1999, but it will not reach 150 million pounds yet. The expansion programme will be completed this year," the source told Reuters by telephone.

The source said the company's annual output was expected to reach 150 million lbs in 2000 after the completion of the expansion project, which would enable INCO to run at full capacity.

"Boosting output also needs a lot of considerations. We can only expect production to stand above 100 million lbs in 1999," said the source.

INCO is 59 percent owned by Canada's INCO Ltd .

Three-month nickel jumped to its highest price since last July on Friday after Australia's WMC Ltd and Greece's state-owned Larco said they would cut production by 15,000 tonnes and 6,000 tonnes, respectively.

INCO's 1998 nickel matte output was seen at between 80-85 million lbs against 71 million lbs in 1997

Regards & have a good one