jindal steel and comibol, new factors, page-4

It looks very likely that Jindal Steel, a state owned Bolivian company, will takeover Amayapampa. The Bolivian Government will probably state that Republic Gold limited are unable to raise the necessary capital to develop the mine.

The only real question is what will RAU get from all this and it seems that all previous sums raised for drilling must be considered lost.
However, it is in Jindal's interest to keep RAU as a partner; so any tie-up is likely to be friendly. Friendly that is, provided that 80% --90% is sold to Jindal for a relatively small sum, around $4 to $5 million.

If this happens it would be a happier alternative to getting nothing.