Forum Archive Index - May 2001

["Michael Phillips" <michael.p@paradise.net.nz>]

From: "Derek"

> This makes them a bit more attractive to me than the
> difficult-to-scale-tourism outfit that I thought they were.

The only shares you want to see dive as often as possible.  <grin>
Shareholders received from memory a letter in March (explaining the
delays in getting the sub through the red tape).  The letter indicated
that there had been some interest expressed in the manufacture of
submersibles.  From memory there was also some charter work being looked
into to fill some of the holes in the revenue source until the tourism
operation swung into action.

Regards
Michael
===

Disc: hold SUB


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