I dont think Mr Fung will take the money and run unless it is FAIR to the stakeholders.

That is not what I meant. I absolutely think Mr. Fung will act in the best interest of the stakeholders...Specifically...with his intimate knowledge of the situation on the ground he has a number in his head below which he will opt for arbitration. That number may be lower than some of us would hope for (relative to the value of the asset held and the letter of the MOC) based upon Mr. Fung's informed take on who he is "negotiating" with, what the cost of arbitration will be (both direct costs [legal, financing] and time related opportunity costs). I was impressed with Mr. Fung's integrity...especially in how he responded to the question\statement related to the bondholders acting contrary to the best interests of the company. Obviously KRY management has been anxious to lower the price of their options. My guess is that this is probably less out of greed than the need not to LOSE money on a deal based on the stink bid neighborhood that Venezuela lives in. Fung will probably kick this into arbitration if we can't get an offer reasonably close to 2 billion dollars. My guess is that Venezuela is offering MUCH LESS than this for the simple reason that they are corrupt, stupid, lying a$$holes. Fung has drawn a line in the sand. Hopefully Venezuela has nothing to do with financing whatever kind of deal may be in the offing. Perhaps if we are dealing with a commie miner with deep pockets, we can get close to the 2 billion dollar figure....but ONLY if Venezuela doesn't remove the profit potential from their commie friend to the point where even the paltry sum of 2 billion dollars becomes cost prohibitive to a potential commie buyer.