""that would mean that KRY's profits would be closer to 50%....in terms of what they would have made on their own, with the mill being built to to process less.""

Taking Hugo at his word that all major projects will now be joint ventures with the Venezuelan government holding the majority stake....that would mean (best case) that the final form of the Las Cristinas project would have the Venezuelan government freeloading with a 51% share....with KRY having a 1\3 stake in the remaining 49% share...so KRY would actually own a 16% share of whatever profit can be made with the "F"'d up exchange rate and whatever final terms are agreed upon with respect to gold sales to the central bank, etc. Am I missing something here?