The equiptment in hand is a very large negotiating tool. Most all mining equiptment is in many aspects built to the specifics of the particular mining property and the fabricating time can be years depending on the demand of the manufacturing co's at that time. With gold, silver etc at close to their highs with no significant drop in sight, demand is high. As Fung & Marshall have said, VZ wants resolution soon and start construction. KRY is using that immediate equiptment availability in negotiation. It is worth much more in hand than the $$ value. Any new company VZ brings in would be doing very little construction for at least a year without that equiptment in Houston and elsewhere. Whatever VZ is planning, VZ & Hugo must come thru KRY unless they are prepared to sit there dead in the water.