If we initiate arbitration under the bilateral investment treaty that is the end of LC for Crystallex, period.
Sure, we would eventually get a nice chuck of change from the arbitration (think 5-7 years) but we would be out as far as mining LC. Hugo would certainly kick us out of the country for good.
While it may come to that someday, such a move is premature at this time IMO.
Unfortunately, management can't tell us at this time what is really going on without disrupting the process in VZ, surely many things are known that cannot be made public yet.