civi, agreed that financing is all that matters for our pps.

GRZ's market cap is $160mil, thier arbitration is for approx $2bil so the relative valuation is for about 8% of the icsid claim....

assuming kry gets financed and everything else is equal and there is no "fung discount".

kry's icsid case is approx $4bil (2x that of grz)...8% equals a $320mil market cap.

even if kry has to more than double the outstanding shares (say 1bil shares out) to get financing then the PPS should go to .32 just on the financing news...

the only real problem is that so far management has had a stellar track record of f'ing things up...if this were any other company i would seriously consider buying here.