I'll try a no vote reason just for the sake of stimulating creative thought on the board.

Everyone on this board was clammoring that our arbitration case was rock solid. No way we could lose based on our air tight MOC. And based on future gold prices we'd get paid billions based on lost profits on 100% of the mine. It would take a couple years to get paid but who cares, that's how long it's going to take to get to production anyway. And now our share is only 1/3 of LC.

I'm still voting yes because arbitration can be a crap shoot and you still have to get paid. You still have the notes coming due next year so financing would have been an issue but apparently Fung has close friends and raising cash wasn't an issue according to RM. Plus a JV deal gives us certainty a lot quicker. But if everyone here was right and arbitration was such a sure thing 3 months ago and it will yield a similar return in the same time period as actual production will on 1/3 of the mine, you'd have to consider it. Fung was talking minimum of a $2B settlement. That divided by 300M shares is $6.50+ a share. Do we think we'll be at $6 a share at the beginning of production in 2 years? I'd love to know the long term thought process of this JV and this decision.