RE: RE: Stop Gap Art.....I know little of Paladin and if they are and have been successful in SA and Mexico...well good for them....doesn't do diddly for us.......adding the prospect of Urocidin at absolutely zero risk and financial outlay to their business for their key markets seems like a coup for them.....and well a whole lot of nothing for us. The terms of the deal that we are aware of basically allows Paladin to wait for as long as they need in the event Urocidin comes on line....since Paladin offered no skin in the game. What they did offer was some pocket change with RCP-esque strings to ensure they get their money back.....win-win for them......
So you're wondering why RCP checked out....good question.....what I'm wondering is what the heck did BNC get out of this refinancing with Paladin.....why and how long the RCP parasite will suckle and when is the next real Uro deal coming....you know, the one where we expect the deal to offer up-front cash and risk sharing?? (i'd paste and excerpt of recent BNC NRs bleating these points over and over again but I can't be bothered).