RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 Financials / MD&A outohjezuz, the bigger picture would suggest they already have.
Spending $46.7 million for control of a potential $5 billion dollar asset with more than $100 million already spent in getting the project construction ready leading into 2013 is a pretty good deal and when they are ready, they will green light the project under their control.
I could see them raising a bit of money to continue with further optimization testing, but it is hard to fathom that GSFC would give up control of an asset they tried so hard to get control of in the first place for what some would consider a bargain price.
The Chinese paid more than double that to lock up 51% of Western Potash, and long holding shareholders over there may argue it has been a struggle of one step forward, two steps back ever since.........