RE:RE:RE:Having a hard time understandingThe best thing to do is research the history here. It's all on the internet if you spend the time to read up on it....the history of Cuba, the MOA mine, Freeport Sulpher, Castro and Ian Delaney and so on. I can't rehash all of that because it would be a lengthy essay and I'd have to be careful to write it correctly and comprehensively. The salient points are: Freeport Sulpher along with the US government invested over 200 million in Moa when Cuba was aligned with the US so they owned Moa. After the revolution, Castro nationalized Moa and effectively kicked out Freeport sulpher. At that time Sherritt was an established business in Canada were large fertilizer, oil, and nickel businesses. They also acquired a large coal operation. In the 70s (don't hold me to specific dates here) Ian Delaney visited Cuba numerous times and befriended Castro....who had a reputation of going on all night drinking binges that only ended the following day. Delaney was invited to some of these get togethers. Discussions with Castro, led Delaney to convince Castro of the benefits sherritt expertise could bring to Cuba. And so began the presence of sherritt in Cuba. He worked out a 50/50 partnership with sherritt on moa the objective is for sherritt technology to improve moa output and for that Castro committed to sherritt sharing the revenues on a 50/50 basis. (This in no way conceded ownership ot the mine to the Canadians, the Cubans will never do that as they are an impoverished country and moa is a key asset to them.) In addition, Castro gave Delaney the go ahead to do other business in Cuba. Sherritt got involved in telecommiications, farming, hotels, and other ventures on the island...and electricity production supplied by sherritt's oil and gas operations there that did quite well for a while. Involvement in Ambatovy..a resource acquired by sherritt from Dynatec, was shirrit's disaster. They sold thier coal business for 1 billion and lost it ALL in ambatovy. And eventually walked away, handing over thier 42% stake to Sumitomo for ZERO. So all sherritt has left is part ownership (if you want to call it that) in a Cuban government controlled mine. Cuba is impoverished and can't feed its people. In Cuba, if the police stop you, they don't search your car for drugs, they search it for meat. Because it's so scarce, only the government approves the slaughter of a farm animal, and if anyone is caught with unauthorized meat they can go to jail. That's how bad it is. The Cubans slowly meter out money to sherritt trying to keep them there but things aren't improving. Sherritt always gets the short end of the stick because it seems all profit sharing is scrutinized by the Cubans first...not by the Canadians. Not exactly a real 50/50 partnership in my book...the kind you'd see in a first world country.Where this ends up...take a guess. Cuba is in dire straits