SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Kazakhstan minerals KMC.U -TSE -- Ignore unavailable to you. Want to Upgrade?


To: Michel Landry who wrote (70)1/6/1999 5:03:00 PM
From: Maureen Luck  Read Replies (2) | Respond to of 112
 
In speaking with management I have learned that meetings are underway with banks regarding the Varvarinskoye gold/copper project. The Agadyr project, under BHP, is moving ahead. Discussions are also proceeding with mining majors regarding other mineral projects, also with other oil companies regarding the Tasbulat joint venture. Currently the company's burn rate is approximately US$150,000 per month. As soon as there is some concrete news a press release will be issued.

Maureen Luck