Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Crystallex Series (1): Know the proposals that Crystallex presented to PDVSA after winning the arbitration award for expropriation of Las Cristinas

Found the last part interesting:

The president of Crystallex told Eulogio Del Pino the willingness of the company he represented to negotiate on beneficial terms for both parties, the transfer and transfer to PDVSA of all information related to design, geology, engineering and environment (Data) developed by the technical team of the Canadian mining company and other independent firms for the execution of the Las Cristinas project.
 
"The elaboration of the Data represented a considerable investment of resources for KRY, and will greatly facilitate the capacity of PDVSA, through the designated operator, to realize the Las Cristinas mining project, in a time and at a reduced cost."
 
Robert Fung warned that "Beyond setting a monetary value for the transfer of the Data", Crystallex was willing to include the transfer of it as an integral part of the negotiation of the terms and conditions of the issuance of the Bond or the Bonds contained in the previous proposals ”.
Share
New Message
Please login to post a reply