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Wednesday, May 03, 2006 4:51:08 PM
FACTS: FMNJ is meeting w/executives of both YPFB and Comibol to continue to wrap up things. Its not just some bs tour for god sakes read! The six stockholders are the original largest stockholders of FMNJ and Jaime was smart to invite them to come along and actually meet w/executives of YPFB/Comibol to CONFIRM ALL OK. DUH!!!!!!!!!!!!!!
1.) Already confirmed the nationalization of oil/gas has no negative effect on FMNJ partnership w/YPFB. President Morales ordered the executives of YPFB to take control of Bolivias energy industry. THINK-YPFB is the PARTNER now w/ FMNJ on the construction/operation of Bolivias FIRST liquid to gas plant.
Quote from Jaime "We are honored to have been chosen by YPFB to be their partners".
2.) Same issue w/partnership w/Comibol on the silver mining. Regardless if nationalization of mining does occur, Comibol will be in charge, which again, is now a PARTNER w/ FMNJ.
FMNJ is in the driver seat and jv agreemnt is near completion and news out shortly will confirm this.
UNBELIEVABLE HOW SOME INVEST MONEY AND DO NOT EVEN KNOW HOW TO INTERPRET FACTS.
The silver revenue and oil/gas revenue will be in the hundreds of millions per year for FMNJ.
THESE ARE THE FACTS-NOT OPINIONS OR HYPE OR WHAT IFS PERIOD!
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