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 Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: D.J.Smyth who wrote (8918)8/14/1998 10:19:00 AM
From: D.J.Smyth of 9164
 
should say, was using $13 1/2 oil for calculation. very few expect oil to stay at this level for more than six months going forward, so any buyout valuations will probably take into affect some future premium on the price of oil
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