Batista and cash Certainly, Batista has been reported as raising a pile of cash in recent news reports. I am not sure whether these deals have actually been consummated - perhaps someone on this board might know. What is known is that he had to shell out around $1.5B to buy VEN and is on the hook for upwards of $1.5M and a couple of years of slog to bring the mine into a positive cash flow situation. I can not see RH letting GWY go for less than $400M, so these are big numbers for someone who has lost around 65% of his net worth on paper.