Tony has said on a few occasions now that 2011 we will receive...

Tony has said on a few occasions now that 2011 we will receive at least $300 milllion in CASH FLOWS from Marampa.... CFE will NOT sell Marampa for $300 million.

This is very clear to those who have followed CFE because very similar to the DMC/AKI deal the plan is to probably raise $400 million - at least $300 million in cash for CFE, $100 million in cash for further feasibility studies and then CFE to retain 25% and maybe a royalty.

Some would think that Marmapa is sold for $400 million - WRONG! The relisted company would then probably be worth $500 million as the asset would be valued approx $400 and they hold $100 million cash - therefore CFe would have:

$300 million cash
25% of $500 million = $125million
Royalty with future cash flows in the millions (I beleive DMC Royalty is probably worth in excess of $50 million)

Therefore - CFE gets it's $500 million with future upside.

CFE just does it smarter than SPH..... (who had an amazing asset that they gave away!!!)