Ongoing SP Discussion, page-1603

Miljew,

Thanks for the updates.

Their communication seems to be getting more positive and also more understandable although they could improve their clarity.

I expect approval to be expedited and instead of six to nine months wait it could be much sooner. Maybe before June.

I still think a Spanish partner is required. How much do you think a partner would pay for 50% share (bearing in mind we only have 75%). I think somewhere between $50m and $100m. Which would equate to a midpoint of close to 15 cents per share. Hence I am still accumulating at these low prices.