Teutracker, thanks for your response (glad your back from vacation)

My questions are:

1. What IF KRY runs out of money before we obtain the Permit, would that constitute an automatic default?

Isn't this the cheapest way for Venezuela to LEGALLY cancel our Contract, and for Vz to issue the Contract to some other gold company with negligible costs to Vz?

2. Or, if there is no Permit, and if there is no Settlement before May 27th and KRY has to opt for Arbitration, that will perhaps take years, and KRY runs out of money by 2009 year end, wouldn't that constitue an automatic default?

In OTHER WORDS, no matter what we are doing, IF KRY runs out of money, is that an automatic default?

tia, Vlada