RE:RE:RE:The Worst case for Aston - Owning 100% - ImplicationsI don't know what you're on about. If American spends $100 million dollars before making a production decison, Aston will still own 20%. It's in black and white in the agreement with no ambiguity.
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- Upon exercise of the Option, American West and Aston Bay will form an 80 / 20 joint venture and enter into a joint venture agreement, the form of which was settled under the Option Agreement. Under such agreement, Aston Bay shall have a free carried interest until American West has made a decision to mine after which it shall be diluted in the event it does not elect to contribute its proportionate share. Its interest will be converted into a 2% net smelter return if its interest is diluted to below 10%."