the JV would pay what they need to access a share in the forward profits. (if it is pressed to that point in discussion)
Otherwise get a different JV, and sit on the asset.
If a project can generate significant cash flow,
What you suggest is that they could hang around like vultures waiting for us, the holder of the assets to die.
But, if there is more than one interested party, perhaps getting on with actually developing it, and come along with our relations with the Cuban government, our foot in the door is more pressing than allowing the peer to JV with us. Do you think they can just pick up the phone and call the Cuban government and introduce themselves as vultures in waiting ?
Ann: Cleansing Statement, page-58
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