I am wondering if we are spending too much time on this.
Is there anything going on in the Venezuelan court concerning our MOC or was that just made up in the press? I agree with those that think the argument put forward (the contract should be void because it was not allowed under their law) is weak, but the fact it could exist is importiant to understanding what is going on behind the sceens.
We have not given away 2/3rds yet. There is no agreement yet. We still have 100% of everything and a proposal out there in limbo. Maybe it's the BOD who want the permit and gaurantees, not the Chinese. Personally in the end I think we will have overpaid the Chinese, but most retail seem to want a conclusion to this asap, imo.
As far as what we finally get? Whatever it is, it's going to STS out of most of our earlier expectations and there will be plenty of discontentment and moaning to post then.
I want to hear from the management by the report date either we are doing this deal or we are securing a deal to arbitrate, nothing less. If not, we might see .10 or .20 again very soon. The reason I think this is because our SP is being supported for the Chinese deal.
I really do not give a flying rat's arsh about the mine or the Vennies anymore, just preserving the money I still can save from futher losses. So I do want to read what other posters think relating to this situation, but not have to read whom is right or wrong, I can decide that for myself.