this is why you don't deal with romanians, page-7

The first post on this matter stated:

"We were surprised that the negotiating committee refused to accept our written signature," said Mike Curtis, partner at Bay Front Capital Partners, the Toronto-based merchant bank that owns Roman Copper.

So it may have been some confusion about whether the 'environmental' money had to be given immediately as cash, or was it just to be available as required at some later date.

When given immediately as cash it will earn interest for the Romanian Government.

When the mine eventually closes and only a portion of the 'environmental' money is required for rehabilitation; will the balance be returned to the buyer? And will any part of the unused interest be returned to the buyer? After 25 years the interest alone may cover any environmental rehabilitation.

So now every one knows; add X million to the purchase price. BB seems 'on the ball' to me. HC42