REx(n): BAD AND GOOD NEWSHey Royally,
My understanding is that GBK presented the Chinese with the takeover plan for CZZ. The 25% stake, along with the generous 'funding out of production' clause, is the reward, so a very hefty finders fee, that's all.
Now as time passed JJ must have realized this is far too generous for a company that is essentially doing nothing and just along for the ride. So they diluted GBK out of their 25% to a more reasonable 2%. Problem is they can't actually do that legally, hence arbitration rulings going against them. It's too late to make up for their initial mistake. So when you ask what they are doing to earn this portion, the answer is nothing, the work is done.
As for news coming out I don't think arbitration is ever public, so you have to be very careful what you say. So I'd imagine they are being cautious and don't want to shoot themselves in the foot by saying something publicly that they shouldn't, when the panel have already given them favourable rulings.
Hopefully a final arbitration ruling lifts the lid off the process and GBK can shout from the rooftops that they will have 25% of a mine going into production in 6 months. This is my rosey outlook, the yin to your yang :)
Potluck