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RE: [sharechat] GPG

From:	"Wedde, John" <john.wedde@cit.ac.nz>
Date:	Tue, 25 Jul 2000 15:06:59 +1200

David,
GPG own a little under 20% of Otter through their subsidiary Mid East
Minerals.
Cheers,
John

-----Original Message-----
From: David Reid [mailto:aspex@ix.net.nz]
Sent: Tuesday, 25 July 2000 13:10
To: sharechat@sharechat.co.nz
Subject: [sharechat] GPG

Thanks for the follow upI knew little of the Otter Gold involvement.
How many shares do they own? is that through Mid East minerals?
What are they doing with FLB? What have they disclosed as a holding?
I reserve judgement but all I can express is the disa ppointment that after
accounting for various bonuses, GPG has fallen in value based on early 1996.
That is not to say that NAV has not increased but what use is that without
maintaining market value?
David Reid

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