>>>>and the State will exercise sovereign control over the Las Cristinas deposit, "said the minister.<<<<<<<

This is probably the final scenario !

LC is already under " sovereign control "and once GRZ will fold in any type of commitment to the likings of the government "sovereign control " will be complete and the gold will go to the treasury of the land.

Of course the question is how to pay the contractors ?;a percentage of gold will be the payment .

The VZ officials like to keep the gold in to the country to boost their reserves so ,this was mentioned before,they want the gold sold on the local market with local currency in order to buy it and stack it in the treasury avoiding the US currency purchase.

JV will not apply in this case ,there will be no initial cost for VZ with the mines being ready to go and the following capital investment expenses taken out of the future profits.

It sounds far fetched but possible and probable.