RE:RE:Common sense dictates good easy deal Snipes27 wrote: You have to ask yourself this as well....do you think Rusoro is willing to do a JV (by the end of Jan 2019) with Venezuela if they are only going to give them 150 mill for first payment....after all Rusoro has been through since everything was nationalized by Chavez....they are going to be seeking very favourable terms if they are going to be handing over the mine data as well as work on a partnership. Venezuela needs that gold in a bad way....they are going to do what it takes to get it. I’m not pumping either....I realize the table I’m at.
Spot on Snipes. An initial first payment of 150m would be a really bad deal. RML will not accept that kind of and offer after what they have been through. You don't play tricks with Russian businessmen...