RE:siembra MineraThe mixed company was unilaterally deemed as illegal by decree by Venezuela.
GRZ considers this another expropriation. In a press release, the company said it's open to negotiating a settlement but obviously VZ isn't interested.
It could lead to new litigation but with the dozens of other companies in line and with billions of dollars in claims (not to mention the years it will take), I wouldn't be surprised if GRZ just lets it go.