I have a sneaky suspicion that during the negotiation of the deal they tried to have their cake and eat it too. Unfortunately when dealing with a major they usually don't get beat on deals very often. I can't believe that they didn't think about all the what-ifs before going into that deal. It's hard enough to find a great project, structuring a crummy deal is very unfortunate. I've been involved in the negotiation and structuring of deals for mining projects, and too often I've seen the smaller company way to eager to take the deal, and dismiss the negatives in the deal so they can move it forward.