I don’t expect much from the AGM. They are usually boring.

About permit, I believe China is going to drag their feet as long as they can, so there is going to be pressure on stock. It is in their interest to keep cap on stock so that one of the interested parties can take over KMK fairly cheap.

Chinese are very frugal. They don’t want to pay more than they have to. They are hard negotiators and patient.

In April Zijin mining invested C$ 18.56 million in private placement in Inter Citic Minerals T.ICI so that is another potential take over target.

This is only my opinion.

Disclosure I sold V.KMK in 2.20 ranges T.ICI in 1.62