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amarksp

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amarksp

Re: Frank Pembleton post# 16755

Wednesday, 09/20/2006 1:01:03 AM

Wednesday, September 20, 2006 1:01:03 AM

Post# of 19037
Yes, Jim Rogers was negative about all the Stans in his book... Personally, I believe Kazakhstan is a decent political risk, especially compared to the other Stans. Moodys and S&P have Kazakhstan at much higher credit rating than the other Stans, same as Mexico...

EPM likely will execute debt finanncing for the remainder of the project, not equity. This has been plan all along and I would estimate 95% confidence that it will be debt financing. EPM must get some financing (either debt or equity) to complete mine construction.

We'll see.

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