While he couldn't say too much for disclosure reasons, it's...

While he couldn't say too much for disclosure reasons, it's obvious they have companies in the data room and/or negotions/discussions reasonably advanced re a JV/strategic partnership for El Palmar and perhaps even Bramaderos. Essentially, they've decided to focus on the negotiations as first priority because if they are successful in getting a good deal, that unlocks what they can do at both projects far quicker and more meaningfully, than what they can do themselves in the same time period. Hence my earlier comment that there is nothing more important at present than negotiating the right deal with the right partner. Its a tough balancing act because in my view, more $$ will be offered by a Chinese JV partner, but they might want more of the pie. A mid tier mining company might be more palatable and take less up front, but they are known to land bank too. Not an easy decision or negotiation but I liked hearing from PD that they aren't prepared to give away either project either. I used to think my preference was to sell EP and use the cash to develop Limon then more broadly, Bramaderos. I'm not sure what the best deal is now.