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Enron Mail |
Dave,
Everyone of these countries is important to physical and financial trading. Ranking the countries Chile - number one copper producing country in the world China - very big consumer/trader/producer in copper, ally, zinc etc Peru - very large producer of copper, lead, zinc precious Brazil - large producer/consumer Korea - very large consumer of all metals To me it is an issue of time for all of these countries. regards, bruce David Forster 06/14/2000 01:57 PM To: Edmund Cooper/LON/ECT@ECT, Bruce Garner/Corp/Enron@ENRON cc: Mark Taylor/HOU/ECT@ECT, Amita Gosalia/LON/ECT@ECT, Lara Fields/HOU/ECT@ECT, Justin Boyd/LON/ECT@ECT Subject: Re: Metals due diligence Edmund: Mexico is already underway. Bruce: Can you comment on the relative importance of the following countries to MG's business? It costs us about GBP 15,000 to add each country (due diligence and document preparation costs). I may also be able to add a comment on Korea by tomorrow. Chile Brazil Peru Korea Republic of China Dave Edmund Cooper@ECT 06/14/2000 12:58 PM To: jonathan.marsh@linklaters.com cc: Mark Taylor/HOU/ECT@ECT, David Forster/Corp/Enron@Enron, Amita Gosalia/LON/ECT@ECT, Lara Fields/HOU/ECT@ECT, Justin Boyd/LON/ECT@ECT Subject: Metals due diligence Dear Jonathan, Following our earlier telephone conversation, here is the list of countries for which we need to undertake follow-up commodity due diligence for trading physical metals products. As the initial two products to be offered are aluminium and copper we should restrict the due diligence to base metals only. In addition, let's ask for the position on cash-settled derivatives - should involve only a follow-up question asking whether previous advice for energy commodity derivatives changes in respect of derivatives on metals. However, the initial focus should be on the physical trading questions. Austria, Belgium, Croatia, Czechoslovakia, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Singapore, Slovenia, Spain, Sweden, Switzerland, United Kingdom Also, there is the following list of countries, for which there is currently EOL access documentation which will need to have the same review. Mark - do you want us to handle the due diligence over here, or do you want to run with it? Australia Canada Japan United States There is a third list of countries for which we currently do not have EOL access documentation. Dave/Amita/Mark - Are we going to proceed with preparing such access documentation for these countries? Chile Brazil Peru Mexico Korea Republic of China Regards, Edmund
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