Viking, the more I think about it the more it makes sense to go forward with the purchase of the MF based on the current agreed terms (55%). RD is right in that the cost ($110M+/-) is peanuts as this project will be worth billions ("S" as in plural)once Phase 2 is completed. Management would take a beating from the shareholders in the future if they didn't exercise this option. In the short term cash flow will likely suffer once again but in the long term it's what's best for the company is all that really matters.