Unfortunately I don't get to decide the minimum price. The market and big investors will decide that.

If we get the permit and JV we are talking about mucho dollars when production starts.

If were talking about a buy out before permit then I think the price will be half of what we expect in arbitration. If the number Fung used at the AGM in 2009 the half of 2 billion would give us about $2.00 to $2.50 a share.

Arbitration itself should bring a minimum $3.00 a share depending on what kind of deal we make with the note holders or financing to pay the off.

I still believe we will get this done and we won't be going to arbitration.

JJ