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

To: Peter Bourgeois who wrote (3344)	5/13/1999 11:11:00 AM
From: Goalie	Read Replies (1) \| Respond to of 7235

Hello Gord: An Answer from Dr. Jennings (SUF) Our Annual Report was mailed last Friday. Our quarterly report will go out in the next few days. There are times when events beyond our control hold things up. You may be aware that there is a dispute between the government of South Africa and De Beers on diamond valuations, so all diamond exports were held up. We were, therefore, unable to complete our Q.1 report. We have now reached an agreement with De Beers whereby we continue to be paid on schedule, so I expect the Q.1 report to be out in the near future. We value our investors and share your disappointment in the current levels of the share price. We at SouthernEra continue to put every effort into investing value into the company. Regarding your concern about keeping our shareholders informed in a timely manner, I would draw your attention to the fact that we have made 6 press releases in the past 6 weeks. More are currently in the pipeline. We try to disseminate new information as soon as it is meaningful but are not prepared to venture into releasing information that has not been properly verified. Yours sincerely, Chris Jennings