So this news indicates Rafael Correa and his party still have much opposition in Ecuador.  The only question is how strong they are and whether they can stall or over turn any reforms that the current government proposes. 

This is hardly good news if you try to to foster a stable business environment.  You don't want to invest multi-billion dollars in a country only to find out later that the next government would  change all the previous rules.

By the way, has anyone tried to contact ARU's IR lately?  The silence since the news broke on the 70% WFT was well before Xmas.  I think in all fairness to the shareholders they have pretty much exceeded the normal grace period for not releasing any kind of acknowledgement, and the company's intended counter measures (if any).