Subject: PGR
From: "John Nevergole" <[email-masked]>
To: "Devon Archer" <[email-masked]>
Cc: "Eric Schwerin" <[email-masked]>, "Hunter Biden" <[email-masked]>
Date: Fri, 16 Mar 2012 06:34:36 -0700

Devon,

Hope all is well.

Has PGR talked more about their international expansion plans?

If they are looking for investment in the mining sector in Mali it could be good to suggest investing in service companies for the mining sector.  In Mali (and in Africa in general) there is a push to have local entities that can service the mining companies needs.  Mining companies tend to outsource most non-core operations.  Historically in the mining industry the companies servicing mines is where there has been a lot of money made.

Not sure if they are only interested in developing mines, however servicing the mining companies is a profitable venture and does not require the long lead time for developing a mine until revenues can be generated, so could be worth considering if they are looking for investments in the sector in general.

Best,

John

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