|
|
Enron Mail |
Ken - I thought I would give you a quick update on our conversations
regarding Atlantic Copper. Our team met with the senior management from Atlantic Copper last week in concert with the London Metal Exchange Week. There are several hurdles to overcome in structuring a deal to acquire Atlantic Copper and a long term copper concentrates supply from FM's Indonesian mine complex. Current contract prices for copper smelting and refining capacity are low and they might be a bit unrealistic on price. We suggested a conceptual structure that may work but is probably a long shot at this time. They were interested and requested a more definitive proposal, which we will develop this week. We will keep you posted. John
|