There is no need to speculate. Pursuant to the terms of the agreement with TNX, the Chinese company is at least two years from contemplating production. Besides that is a nickel project. How much cash does TRX really expect to generate from a 3% or 4% net royalty on a commodity that this trading for $8/lb? STAMICO estimates that the cost of the Buckreef redevelopment will be $280 million. Somehow I doubt that the royalty for the nickel project will cover that.