No rain here, it's summer and I live in California. I believe this deal gets done, including permit, and on time.
Differing opinions is what makes a market. One strategy is to wait for the deal to get done and then assess whether you want to participate.
At least we have a detailed timeframe, which indicates a degree of confidence from management and it was made public. A timeframe which would indicate quite a few blanks are already filled in but not signed (as you point out, permit being one of them). We have a measuring stick and each month we have a milestone to measure progress.
June 30th PP
July 31st A&F Agreements (CRRC, Crystallex BOD approval)
August 31st Shareholder approval
September 30th Closing
Of course, next week management will provide clarification at the AGM. They might even have some progress to report and more detail to the agreements, including updated information on VZ response.
One significant aspect that cannot be ignored is that China wants gold, China wants commodoties. VZ has the resources China wants. China has loaned/invested $20,000,000,000 USD in VZ. China is building out a $7.5 billion rail project. And now, China is asking to mine LC.