Do you know what a "wholly owned subsidiary" is? If you do and then you go back and read Jimmijazz's message you will have the answer to your question. The MOC specifically states that the contract can not be transferred without the permission of VEN. So--if the enviro permit is ever issued--there will be one company and only one company mining LC. KRY!! Right now KRY is owned by numerous shareholders. If a big fish comes by and buys all the shares of KRY then you have one shareholder. Thus KRY would be a "wholly owned subsidiary". KRY would still be KRY. And it would be the legal entity mining LC. The only thing that would change is the number of shareholders. It would go from thousands down to one. And of course it goes without saying that VEN can't restrict who the shareholders of a public company are. Hope this helps