Ann: Appointment of Chairman, page-26

I hope they sit tight. I am comfortable with the risk/return given what has gone on with Jade and Elixir, Gurvantes has the hallmarks to be bigger and better.

You can make the same argument about L7 and Condor as far as guarantees are concerned. Walyering was in the same boat, I remember Ya posting "how did the previous operator miss this?" about Walyering, but they did. I hope L7 and Condor prove to be just as successful but the scale doesn't get close to Gurvantes. I hope we push on until the new big JV partner emerges.