Now, I don't want to be branded a skeptic. I'm only looking for answers.

The way I read the news release (and I'm not an expert on mining), it seems to me that LBE is on the hook for a series of payments, over time. It seems to me that they are taking all the risk, yet they are on the hook for these payments, regardless of the results. Am I wrong?

I think it is a good sign that Xstrata would get into bed with LBE, but I wonder what is the risk to them? They seem to have nothing to lose.

Comments.