Teutracker,

- does it look as though CVG wants to renegotiate deal with KRY into a different form of JV now that Gold prices have doubled?

I believe the Agreement is very solid and has been signed off by both parties lawyers so I don't see that happening. Rangel Gomez's quote-

"What we are signing today guarantees that the project will be completed exactly as set forth in the agreement. It is a solid and secure agreement that protects both of us in order to complete this project successfully." General Rangel Gomez said. Highlights of the agreement are: Crystallex will control 100% of the reserves and resources of the project and all production and proceeds are for the account of Crystallex subject only to the payment of royalties to the Venezuelan Ministry of Energy and Mines and to the CVG.

Royalties signed off on are 3% if the price of gold is US$400+.