It needs to be seen how negotiable the price is. If the contract...

It needs to be seen how negotiable the price is. If the contract says it is fixed, then the vendor has little room to negotiate, unless the break-up fee is relatively small. He was given twice 500K shares for the option to buy. If the contract says the price is subject to negotiations, then it may get tricky. The vendor must know about the increase in the price of tungsten.

So it is up to JK and his negotiating skills to bring this to conclusion.

I am optimistic.